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A bank has $850,000 in assets to allocate among investments in bonds, home mortgages, car loans, and personal loans. Bonds are expected to produce a

A bank has $850,000 in assets to allocate among investments in bonds, home mortgages, car loans, and personal loans. Bonds are expected to produce a return of 10%, mortgages 8.5%, car loans 9.5%, and personal loans 12.5% To make sure the portfolio is not too risky, the bank wants to restrict personal loans to no more than 30% of the total portfolio. The bank also wants to ensure that more money is invested in mortgages than in personal loans. It also wants to invest more in bonds than in personal loans.

A. Write out a linear program

B. Having written out an LP model for this problem with the objective of maximizing the expected return on the portfolio, find the solution with Solver.

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