Your last submission is used for your score 12 DETAILS TANAPMATH7 6.2.007. MY NOTES ASK YOUR TEACHER Formulate but do not solve the following exercise as a linear programming problem. Madison Finance has a total of $18 million earmarked for homeowner loans and auto loans, where x is homeowner loans in millions of dollars and y is auto loans in millions of dollars. On the average, homeowner loans have an 8% annual rate of return, whereas auto loans yield a 14% annual rate of return. Management has also stipulated that the total amount of homeowner loans should be greater than or equal to 4 times the total amount of automobile loans. Determine the total amount of loans of each type Madison should extend to each category to maximize its returns P in millions of dollars. Maximize subject to the constraints total loans distribution of loans x20 720 Submit Answer View Previous Question Question 12 of 14 View Next Question My Assignments Request Extension hp