Thank you!

The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue producing investments together with annual rates of returns are as follows: The credit union has $2 millions available for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments. Risk-free securities may not exceed 30% of the total funds Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other secured, and signature loans) Furniture loans plus other secured loans may not exceed the automobile loans - Other secured loans plus signature loans may not exceed the funds invested in risk-free securities How should the 2 millions be allocated to maximize total annual returns? Q3 (State University) - page 194(4pt) - You are not required to create a computer solution using Excel. All you have to do is formulating an algebraic model (decision variables, objective function, and constraints) based on the problem statement - Type your answer in Word document The employee credit union at State University is planning the allocation of funds for the coming year. The credit union makes four types of loans to its members. In addition, the credit union invests in risk-free securities to stabilize income. The various revenue producing investments together with annual rates of returns are as follows: The credit union has $2 millions available for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loans and investments. Risk-free securities may not exceed 30% of the total funds Signature loans may not exceed 10% of the funds invested in all loans (automobile, furniture, other secured, and signature loans) Furniture loans plus other secured loans may not exceed the automobile loans - Other secured loans plus signature loans may not exceed the funds invested in risk-free securities How should the 2 millions be allocated to maximize total annual returns? Q3 (State University) - page 194(4pt) - You are not required to create a computer solution using Excel. All you have to do is formulating an algebraic model (decision variables, objective function, and constraints) based on the problem statement - Type your answer in Word document