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How to solve the following using excel: home loans. In addition, the planning committee has specified that the amount allocated to personal loans cannot exceed

How to solve the following using excel: 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.
amount allocated in dollars.)
Max
s.t.
Available investment funds
H+P+A=5000000
A+H+P=5000000
Minimum home loan amount
H0.40(H+P+A)
H0.4(A+H+P)
Maximum personal loan amount
P0.60A
H,P,A0
(b) How much (in dollars) should be allocated to each type of loan?
home loans $2000000
personal loans
auto loans
$
1875000
What is the total annual return (in dollars)?
$443750
What is the annual percentage return? (Round your answer to two decimal places.)
8.88
(c) If the interest rate on home loans increases to 9%, would the amount allocated to each type of loan change? Explain.
Since 0.09 i: within the allowable range, the amount allocated to each type of loan obtained in part (b) will not change.
(d) Suppose the total amount of new funds available is increased by $50,000. What effect would this have on the total annual return? Explain. (Round your answer to the nearest dollar.)
Increasing the amount of new funds available by $50,000 will increase the total annual return (in dollars) by $
(e)
How much would the annual percentage return change? (Round your answer to two decimal places.)
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