An investor has $60,000 to invest in a CD and a mutual fund. The CD yields 9% and the mutual fund yields 6%. The mutual fund requires a minimum investment of $8,000, and the investor requires that at least twice as much should be invested in CDs as in the mutual fund. How much should be invested in CDs and how much in the mutual fund to maximize the return? What is the maximum return? To maximize income, the investor should place $in CDs and $[ in the mutual fund. (Round to the nearest dollar as needed.) The maximum return is $. (Round to the nearest dollar as needed.)

Mr. Ripoff's gas station can sell 355 gallons of gas per day at $4.00 per gallon and 164 gallons at $5.00 per gallon. Mr. Ripoff pays $1.20 per gallon for the gas and has daily fixed costs of $500. Find the unit price p that will maximize revenue: Find the unit price p that will maximize profit: What is the maximum possible daily profit? dollars per gallon. dollars dollars.

Please and thank you!

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