3 I now have $100. The following investments are available during the next three years: Investment A

Question:

3 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.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: