• A 1-year investment yields a 3% return • A 2-year investment yields a 5% return • A 3-year investment yields an 8% return • Maximize the amount at the end of year 4 Given the investment over time problem above, what is the year 4 constraint? Use correct linear programming format. X34 + X24 + X14 = X4 1.03X34 + 1.05X24 + 1.08X14 = X4 1.03X34 + 1.05X24 + 1.08X,4 - X4 = 0
• A 1-year investment yields a 3% return • A 2-year investment yields a 5% return • A 3-year investment yields an 8% return • Maximize the amount at the end of year 4 Given the investment over time problem above, what is the year 4 constraint? Use correct linear programming format. X34 + X24 + X14 = X4 1.03X34 + 1.05X24 + 1.08X14 = X4 1.03X34 + 1.05X24 + 1.08X,4 - X4 = 0
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 3SC: In Example 3, if the accountant earns a profit of 100 on each individual return and a profit of 175...
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