Develop linear optimization model

Assignment Help Financial Management

Reference no: EM131610701

An international graduate student will receive a $28,000 foundation scholarship and reduced tuition. She lust pay $1,500 in tuition each autumn, winter, and spring quarters, and $500 in the summer. Payments are due on the first day of September, December, March, and May, respectively. Living expenses are estimated to be $1,500 per month, payable on the first day of the month. The foundation will pay her $18,000 on August 1 and the remainder on May 1. To earn as much interest as possible, the student wishes to invest the money. Three types of investments are available at her bank: a 3-month CD, earning 0.75%; a 6-month CD earning 1.9%; and a 12-month CD earning 4.2%. Develop a linear optimization model to determine how she can best invest the money and meet her financial obligations.

Reference no: EM131610701

Questions Cloud

United nations and international labor organization : Describe how organizations such as the United Nations and International Labor Organization advocate basic human rights for workers.

Discuss one example of an organized crime : Discuss one example of an organized crime. Do an internet search in order to provide details of how the crime is organized by the criminals

What was the present value of the contract : Around January 1, 1993, Barbra Streisand signed a contract with Sony Corporation for $2 million a year for 10 years. Suppose the first payment was made.

Famous people of the past and present : If you could build this team with famous people of the past and present, who would you select? Explain your rationale.

Develop linear optimization model : Develop a linear optimization model to determine how she can best invest the money and meet her financial obligations.

Optimal capital structure calls for financing all project : The optimal capital structure calls for financing all projects with 60.00 percent common equity and 40.00 percent debt.

Evaluate a bad experience you have had with an appointment : Evaluate a bad experience you have had with an appointment from both perspectives of the customer (you) and the organization due to inefficient planning.

The application of the functional health assessment : Creating a PowerPoint presentation based on the application of the functional health assessment of a movie character.

Management has concluded that capital structure is optimal : Jarvey Inc. has a debt ratio of 25 percent. Management has concluded that this capital structure is optimal.

User Account

All Pages