1. Choose one of the major categories of applications of linear programming discussed in the chapter. Give an example of an application of the model. Support whether the variables have to be integers for your example.
2. List some information available on the Internet that might be useful for financial planning. Describe one way you might use some of this information for financial planning purposes.
3. Joshua borrowed $500 for one year and paid $50 in interest. The bank charged him a service charge of $5. If Joshua paid the $500 in 12 equal monthly payments, what is the APR? (Enter your answer as a percent rounded to 1 decimal place.) APR %