At the beginning of year 1, you have $100,000. Investments A and B are available; their cash flows are shown in the file P04_62.xlsx. Assume that any money not invested in A or B earns interest at an annual rate of 2.5%. image a. Determine how to maximize your cash on hand in year 4. You can maximize cash on hand in year 4 to $ , by investing s in A and s in B. b. Use SolverTable to determine how a change in the year 3 yield for investment A changes the optimal solution to the problem. Round your answer to the nearest cent. Except when this return is Select than s the same split continues to be optimal. c. Use SolverTable to determine how a change in the year 4 yield of investment B changes the optimal solution to the problem. Round yo answer to the nearest cent. Except when this return is Select than s the same split continues to be optimal.
At the beginning of year 1, you have $100,000. Investments A and B are available; their cash flows are shown in the file P04_62.xlsx. Assume that any money not invested in A or B earns interest at an annual rate of 2.5%. image a. Determine how to maximize your cash on hand in year 4. You can maximize cash on hand in year 4 to $ , by investing s in A and s in B. b. Use SolverTable to determine how a change in the year 3 yield for investment A changes the optimal solution to the problem. Round your answer to the nearest cent. Except when this return is Select than s the same split continues to be optimal. c. Use SolverTable to determine how a change in the year 4 yield of investment B changes the optimal solution to the problem. Round yo answer to the nearest cent. Except when this return is Select than s the same split continues to be optimal.
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 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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