Mathematics, 18.07.2019 18:10 tammydbrooks43
Investment and loan planning. the employee credit union at state university is planning the usage of funds for the coming year. the credit union makes four types of loans to its members. in addition, it invests in ārisk-freeā securities in order to stabilize income. the various revenue-producing investments together with annual rates of return are as follows:
type of loan/investment
annual rate of return (%)
secured loans
automobile
8
furniture
9
other secured loans
11
signature loans
12
ārisk free securities
7
state laws and credit union policies impose the following restrictions on the composition of the credit unionās loans and investments:
ārisk-freeā securities may not exceed 30% of the total funds.
signature loans may not exceed 30% of total loans
furniture loans plus āother secured loansā may not exceed 50% of the total of the three types of secured loans
signature loans plus āother secured loansā may not exceed the amount invested in ārisk-freeā securities.
if the firm projects $1,000,000 available for loans and investments during the coming year, how should the funds be allocated to each of the investment alternatives in order to maximize total annual return?
, do not use commas in your answers.
total annual return = $
hint: total return is between $89050 and $90450
amount invested in automobile loans = $
amount invested in furniture loans = $
amount invested in other secured loans = $
amount invested in signature loans = $
amount invested in ārisk freeā securities = $
work out in formulas
Answers: 1
Mathematics, 21.06.2019 19:20
Part a: sam rented a boat at $225 for 2 days. if he rents the same boat for 5 days, he has to pay a total rent of $480. write an equation in the standard form to represent the total rent (y) that sam has to pay for renting the boat for x days. (4 points)
Answers: 1
Mathematics, 21.06.2019 20:40
Michelle is planting flowers in her garden. she wants the ratio of daises to carnations to be 3 to 2. michelle wants to plant a total of 35 flowers. how many daises should she plant?
Answers: 3
Mathematics, 21.06.2019 21:30
The length of a field is 100 yards and its width is 75 yards. if 1 inch represents 25 yards, what would be the dimensions of the field drawn on a sheet of paper?
Answers: 1
Mathematics, 21.06.2019 23:00
Joey is asked to name a quadrilateral that is also a rhombus and has 2 pairs of parallel sides.should be his answer
Answers: 1
Investment and loan planning. the employee credit union at state university is planning the usage of...
Mathematics, 10.08.2021 02:40
Mathematics, 10.08.2021 02:40
Mathematics, 10.08.2021 02:40
English, 10.08.2021 02:40
Mathematics, 10.08.2021 02:50