Business, 23.09.2019 22:20, bosskid361

Madison finance has a total of $20 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 a 9% 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.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 01:00, CameronVand21

The penalties for a first-time dui charge include revocation of drivers license a. 180 days b. ben 180 des and one year c. bence 90 and 180 d. one year

Answers: 2

continue

Business, 22.06.2019 12:20, laskew37221

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:

Answers: 3

continue

Business, 22.06.2019 18:00, mcckenziee

When peter metcalf describes black diamond’s manufacturing facility in china as a “greenfield project,” he means that partnered with a chinese company to buy the plant . of all market entry strategies, this one carries the lowest risk. because black diamond manufactures its outdoor sports products outside the united states, what risks must its managers be aware of?

Answers: 1

continue

Business, 22.06.2019 22:20, PrisonKing3749

David consumes two things: gasoline (q 1) and bread (q 2). david's utility function is u(q 1, q 2)equals70q 1 superscript 0.5 baseline q 2 superscript 0.5. let the price of gasoline be p 1, the price of bread be p 2, and income be y. derive david's demand curve for gasoline. david's demand for gasoline is q 1equals nothing. (properly format your expression using the tools in the palette. hover over tools to see keyboard shortcuts. e. g., a subscript can be created with the _ character.)

Answers: 1

continue

Do you know the correct answer?

Madison finance has a total of $20 million earmarked for homeowner loans and auto loans, where x is...