[solution] » I now have $100. The following investments are available during the next three years: Investment...
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I now have $100. The following investments are available during the next three years: Investment...
More:I now have $100. The following investments are available during the next three years:Investment A Every dollar invested now yields $0.10 a year from now and $1.30 three years from now.Investment B Every dollar invested now yields $0.20 a year from now and $1.10 two years from now.Investment C Every dollar invested a year from now yields $1.50 three years from now.During each year, uninvested cash can be placed in money market funds, which yield 6% interest per year. At most $50 may be placed in each of investments A, B, and C. Formulate an LP to maximize my cash on hand three years from now.
This question was answered on: Feb 21, 2020
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