An investor with an initial capital of $10,000 must decide at the end of each year how
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An investor with an initial capital of $10,000 must decide at the end of each year how much to spend and how much to invest in a savings account. Each dollar invested returns a = $1.09 at the end of the year. The satisfaction derived from spending $y in any one year is quantified monetarily as $1y. Solve the problem by DP for a span of 5 years.
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Aysha Ali
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