In: Accounting
In MatLab, using linprog:
3.8.Paul has 2200 per year to invest over the next five years. At the beginning of each year he can invest in one–, two–, and three–year deposits at interest rates of 8%, 17% (total) and 27% (total), respectively. If Paul reinvests his money available each year, how much should he invest in each of the three deposits each year so that his total cash at the end of the five years is a maximum?