Principles Of Economics, Ap Edition, 9781337292603, 1337292605, 2018
8th Edition
ISBN: 9781337292603
Author: Mankiw
Publisher: Cengage Learning (2018)
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Question
Chapter 26, Problem 1PA
Subpart (a):
To determine
The interest rate of different bonds.
Subpart (b):
To determine
The interest rate of different bonds.
Subpart (c):
To determine
The interest rate of different bonds.
Subpart (d):
To determine
The interest rate of different bonds.
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subject to X1
X2
Maximize dollars of interest earned = 0.07X1+0.11X2+0.19X3+0.15X4
≤ 1,000,000
<2,500,000
X3
≤ 1,500,000
X4
≤ 1,800,000
X3 +
XA
≥
0.55 (X1+X2+X3+X4)
X1
≥
0.15 (X1+X2+X3+X4)
X1
+ X2 X3 +
XA
<
5,000,000
X1, X2, X3, X4 ≥
0
not use ai
Chapter 26 Solutions
Principles Of Economics, Ap Edition, 9781337292603, 1337292605, 2018
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