How many rectangles?

By drawing 5 horizontal and four vertical lines, one can form 12 rectangles. What is the greatest number of rectangles that can be formed by drawing 15 lines?
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Problem



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How many Rectangles?
By drawing $9$ lines, $5$ horizontal and $4$ vertical, one can form $12$ small rectangles, as shown on the right. What is the greatest possible number of small rectangles that one can form by drawing $15$ lines, either horizontal or vertical?

If you liked this problem, here is an NRICH task that challenges you to use similar mathematical ideas.