Question: Use the sensitivity report from Excel Solver to answer the questions. Showing steps and formulas in excel. 4. Adirondack Savings Bank (ASB) has $1 million

Use the sensitivity report from Excel Solver to answer the questions. Showing steps and formulas in excel.

Use the sensitivity report from Excel Solver to

4. Adirondack Savings Bank (ASB) has $1 million in new funds that must be allocated to home loans, personal loans, and automobile loans. The annual rates of return for the three types of loans are 7% for home loans, 12% for personal loans, and 9% for automobile loans. The bank's planning committee has decided that at least 40% of the new funds must be allocated to home loans. In addition, the planning committee has specified that the amount allocated to personal loans cannot exceed 60% of the amount allocated to automobile loans. a. How much should be allocated to each type of loan? b. If the interest rate on home loans increased to 9%, would the amount allocated to each type of loan change? c. Suppose the total amount of new funds available was increased by $10,000. What effect would this have on the total annual return? d. Assume that ASB has the original $1 million in new funds available. Interpret the dual price for the constraint corresponding to the requirement at least 40% of the new funds must be allocated to home loans. e. Assume that ASB has the original $1 million in new funds available and that the planning committee has agreed to relax the requirement at least 40% of the new funds must be allocated to home loans by 1%. How much would the annual return change

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