loans. on Auto loans, and P is the amount allocated on personal loans. Write your answers expressing the amount allocated in dollars.) (b) How much (in dollars) should be allocated to each type of loan? What is the total annual return (in dollars)? $1 * Your answer cannot be understood or graded. More Information What is the annual percentage return? (Round your answer to two decimal places.) 8.875 (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 is within the allowable range, the amount allocated to each type of loan obtained in part (b) will not change. Increasing the amount of new funds available by $60,000 will increase the total annual return (in dollars) by $\. dollars)? How much would the annual percentage return change? (Round your answer to two decimal places.)