Working part-time in a restaurant near his university, Sabastian expects to earn 2,000 during his three-month summer
Question:
Working part-time in a restaurant near his university, Sabastian expects to earn €2,000 during his three-month summer vacation. He plans to invest his hard-earned money in the available investment products. Each option has certain minimum investment requirements.
The table value of 1.05 return on investment means 5% interest per annum on the capital invested.
Sabastian likes to invest in no more than 3 options that will maximize the future value of his investment after a year.
a. Formulate an integer programming model for this problem.
b. Solve this model by using the computer.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: