Problem Statement: Suppose the Government plans to issue up to $10,000 of Savings Bonds. Four individuals applied for a total of $18,000 of Savings Bonds: A ($2,000), B ($4,000) C ($5,500) and D ($6,500). The available bonds will be spread out among as many investors as possible in the following manner: Applications are filled in denominations of $500 upwards. After Round 4, $8,000 of Savings Bonds have been allotted, and Investor A's application has been fully met. $2,000 of Savings Bonds are left. In Round 5, $1,500 of Savings Bonds are allotted. In Round 6, the remaining $500 is insufficient to fill all applications. One person among Investor B, Investor C and Investor D is randomly allotted the remaining $500. In this case, Investor C gets it. The cutoff amount in this case is $2,500. In the final allotment: Investor A is allotted $2,000. Investor B and Investor D get $2,500 each. Investor C gets $3,000. limitations: 1. The minimum individual investment amount is $500 2. The m...
Hello bro. I discovered your blog using Bing Search Engine. This is an extremely well written article. I’ll make sure to bookmark it and return to learn more of your helpful information. Thank you for the post. I’ll definitely comeback.
ReplyDeleteProgramming Sphere
Hey bro thanks for your comment. I just visited your site which seems very helpful frontend technologies.I noted it.
ReplyDelete