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Please show the formula in cell and also the formula used in the solver. A bank has $1,000,000 to invest in bonds, stocks, car and
Please show the formula in cell and also the formula used in the solver.
A bank has $1,000,000 to invest in bonds, stocks, car and personal loans. Bonds produce a return of 10%, stocks 8.5%, car loans 9.5% and personal loans 12.5%. The banks wants to restrict peronal loans to no more than 25% of the total money invested. The pank also wants more money invested in stocks than personal loans. It also wants to invest more money in bonds than personal loans. How much money should the bank invest in each investment to maxmize return. Bonds Stocks Car Personal Loans Total Return Amt % 10.0% 8.5% 9.5% 12.5% 0 Budget personal loans to no more than 25% of the total money invested more money invested in stocks than personal loans more money in bonds than personal loans AAAA $1,000,000.00 $ 250,000.00 0 0 A bank has $1,000,000 to invest in bonds, stocks, car and personal loans. Bonds produce a return of 10%, stocks 8.5%, car loans 9.5% and personal loans 12.5%. The banks wants to restrict peronal loans to no more than 25% of the total money invested. The pank also wants more money invested in stocks than personal loans. It also wants to invest more money in bonds than personal loans. How much money should the bank invest in each investment to maxmize return. Bonds Stocks Car Personal Loans Total Return Amt % 10.0% 8.5% 9.5% 12.5% 0 Budget personal loans to no more than 25% of the total money invested more money invested in stocks than personal loans more money in bonds than personal loans AAAA $1,000,000.00 $ 250,000.00 0 0Step by Step Solution
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