Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

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. image text in transcribed

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 0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Ecological Money And Finance

Authors: Thomas Lagoarde-Segot

1st Edition

3031142314, 978-3031142314

More Books

Students also viewed these Finance questions