Question: a . Formulate a linear programming model that can be used to determine the amount of funds ASB should allocate to each type of loan
a Formulate a linear programming model that can be used to determine the amount of funds ASB should allocate to each type of loan in order to maximize the total annual return for the new funds.
b How much should be allocated to each type of loan? What is the total annual return? What is the annual percentage return?
c If the interest rate on home loans increased to would the amount allocated to each type loan change? Explain.
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