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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

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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 revenueproducing investments together with annual rates of return are as follows: The credit union will have $2.1 million avallable for investment during the coming year. State laws and credit union policies impose the following restrictions on the composition of the loars and investments: - Risk-free securities may not exceed 30% of the total funds avallable for investment. - 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 automoblle loans. - Other secured loans plus signature loans may not exceed the funds invested in risk-free securities. How should the $2.1 milion be allocated to each of the loan/investment alternatives to maximize total annual return? Round your answer to the nearest dollar. The credit union will have $2.1 million avallable for investment during the coming year, 5 tate 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 available for investment. - 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 52.1 million be allocated to each of the loan/investment alternatives to maximize total annual return? Round your answers to the nearest dollar. field Round your answer to the nearest dollar

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