Patrick is a loan officer at a bank. He has $2,000,000 to lend out and has two loan programs.
His home equity loan is currently priced at 6% per
annum, and his unsecured personal loan is priced
at 14%. The bank president wants Patrick to earn
a rate of return of 12% on the $2,000,000 available.
How much should Patrick lend out at 6%?

17.08

correct me if i am wrong.

in mathematics, a constraint is a condition of an optimization problem that the solution must satisfy. there are several types of constraints—primarily equality constraints, inequality constraints, and integer constraints. the set of candidate solutions that satisfy all constraints is called the feasible set.

hoped i'm right lol

unless you made a typo, the answers are both a and c.

step-by-step explanation:

1.5/3 is .5 whereas 3/9 is .3333333 not proportional

22/33 is .66666 and 4/6 is also .66666 proportional

2/4 is .5 whereas 142/213 is .66666 not proportional

14/7 is 2 and 7/3.5 is also 2 proportional

you could've also checked it by doing this simple division:

if the larger fraction divides with the smaller fraction to equal 1, it is proportional. so let me show you what i mean:

when i divide 22/33 by 4/6 i get 1, so we know it is proportional, and it is the same with 14/7 and 7/3.5. now if i divide 3/9 by 1.5/3 i get .66666 so therefore we know it is not proportional.

there are many ways to do this so i wanted to show you some possible ways.