Business, 30.11.2019 05:31 gerkera88

Adirondack savings bank (asb) has $1 million in new funds that must be allocated to home loans, personal loans, and automobile loans. the annual rates of return for the three types of loans are 4% for home loans, 13% for personal loans, and 10% for automobile loans. the bank’s planning committee has decided that at least 40% of the new funds must be allocated to home loans. in addition, the planning committee has specified that the amount allocated to personal loans cannot exceed 60% of the amount allocated to automobile loans.(a) formulate a linear programming model that can be used to determine the amount of funds asb should allocate to each type of loan to maximize the total annual return for the new funds. if the constant is "1" it must be entered in the box. if your answer is zero enter "0".let h = amount allocated to home loansp = amount allocated to personal loansa = amount allocated to automobile loansmax h + p + a s. t. h + p + a ≥ minimum home loansh + p + a ≤ personal loan requirementh + p + a = amount of new funds

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 07:30

Which two of the following are benefits of consumer programs

Answers: 1

Answer

Business, 22.06.2019 16:00

Arnold rossiter is a 40-year-old employee of the barrington company who will retire at age 60 and expects to live to age 75. the firm has promised a retirement income of $20,000 at the end of each year following retirement until death. the firm's pension fund is expected to earn 7 percent annually on its assets and the firm uses 7% to discount pension benefits. what is barrington's annual pension contribution to the nearest dollar for mr. rossiter? (assume certainty and end-of-year cash flows.)

Answers: 2

Answer

Business, 22.06.2019 19:00

By 2020, automobile market analysts expect that the demand for electric autos will increase as buyers become more familiar with the technology. however, the costs of producing electric autos may increase because of higher costs for inputs (e.g., rare earth elements), or they may decrease as the manufacturers learn better assembly methods (i.e., learning by doing). what is the expected impact of these changes on the equilibrium price and quantity for electric autos?

Answers: 1

Answer

Business, 23.06.2019 02:30

Drag the tiles to the correct boxes to complete the pairs. match the scenarios with terms related to financial aid. entrance counseling fafsa financial need megan is planning to pursue an undergraduate degree in chemistry. but since her father lost his job five years ago, the family had been unable to save up enough for megan's education. arrowright kunal recently learned that he is going to receive a student loan. now he needs to attend a session in which he will learn the how the loan process works, as well as his responsibilities as a borrower. arrowright josie created an fsa id and completed a long application form online. the form asked for a lot of financial details about josie and her family. arrowright

Answers: 1

Answer

You know the right answer?

Adirondack savings bank (asb) has $1 million in new funds that must be allocated to home loans, pers...

Questions