Consider the following integer linear program:
Max 5x1 + 7x2 + 9x3
s.t. 2x1 + 3x2 + 4x3 ? 8
x1 ? 3
x2 ? 2
x1, x2, x3 ? 0, integer
a. Set up the network that represents the dynamic programming formulation.
b. Solve the problem using dynamic programming.
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On January 1, 2018, Sullivan Company purchases $300,000 of property by paying $50,000 in cash and signing a 10-year mortgage note at 13% for the balance. Sullivan will make yearly payments of $46,072.
Prepare the amortization schedule for the first five payments. (Round your answers to the nearest dollar.)
Interest on bonds usually is paid annually
Indicate whether the statement is true or false
A third-party offer to an agent must be conveyed to the principal
Indicate whether the statement is true or false
Bonds that mature at different intervals from the date of issue are:
a. sinking funds b. serial bonds c. callable bonds d. debentures e. convertible bonds