Question: A part time student would like to optimize his financial decisions. Currently, he has $15,500 in his savings account. He has estimated his income and

 A part time student would like to optimize his financial decisions.
Currently, he has $15,500 in his savings account. He has estimated his
income and monthly expenses for each month over the next year. This

A part time student would like to optimize his financial decisions. Currently, he has $15,500 in his savings account. He has estimated his income and monthly expenses for each month over the next year. This data is summarized in the accompanying table. He has identified several short-term investment opportunities: a three-month CD yielding 0.60% at maturity, a six-month CD yielding 1.42% at maturity, an 11 month CD yielding 3.08% at maturity, and a savings account yielding 0.0375% per month. He would like to maintain at least $2,000 in his savings account. His objective is to maximize his cash balance at the end of the year. Develop a linear optimization model to find the best investment strategy. Assume that all cash flows take place at the beginning of each month and that interest has been added to the savings account for January. Click here to view the monthly income and expenses data. Complete the table below to indicate the amount that should be A part time student would like to optimize his financial decisions. Currently, he has $15,500 in his savings account. Ho has estim. Complete the table below to indicate the amount that should be invested each month to optimice the cash balance, and then give Options.) Final balance =$ (Type integers or decimals rounded to the nearest cent as needed) d like to optimize his financial decisions. Currently, he has $15,500 in his savings account He has estimated his in he accompanying table. He has identified several short-term investment opportunities: a three-month CD yielding 0 . aturity, and a savings account yielding 0.0375% per month. He would like to maintain at least $2,000 in his savings ptimization model to find the best investment strategy. Assume that all cash flows take place at the beginning of eac the mo Monthly Income and Expenses Data

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