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ch 12 LP Quiz -2 ark ASB) has $1 m rds that must be alocated toho ne loans, personal loans, and automobile loans. The annual
e Assume that Ase has the or gn a $1 mhon n new funds available and that the planning committee has agreed to relax the equ r
ch 12 LP Quiz -2 ark ASB) has $1 m rds that must be alocated toho ne loans, personal loans, and automobile loans. The annual rates of return for the three types of loans are 7% for home loans, on n new 14% for personal loans, and 8% for automoble loans. The bank's peched that the amount alocated to personal loans cannot exceed 60% of the amount allocated to automobile loans. planning committee has deode that at least 40% of the new funds must be alocated to home loans. In addton, the plannng com ittee has Form date·iner programming model that can be used to determine the amont offunds ASB should ฝั cate to each type of loan to man more the total anual returfor the new fnds if the constant s-1" must be entered in the box. If your answer is zero enter o Let H amount allocated to home loans P w amount allocated to personal leans s.t. Minimum Home Loans Personal Loan Requirement Automobile
e Assume that Ase has the or gn a $1 mhon n new funds available and that the planning committee has agreed to relax the equ rement that at least 40% of the new funds must be alocated to home loans by
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