The amount that the bank loaned out at 7.9% is $1,574.00
How do represent the amounts lent at different rates?
On the assumption that x amount was loaned at 7.9% and that the remaining amount, (8,200-x) was loan out at 7.4%, we can determine the interest charged on each loan as the loan multiplied by the interest rate
interest on 7.9% loan=7.9%*x=0.079x
interest on 7.4% loan=7.4%*(8200-x)
interest on 7.4% loan=606.80-0.074x
total interest=0.079x+606.80-0.074x
total interest=0.005x+606.80
total interest on loans=614.67
614.67=0.005x+606.80
614.67-606.80=0.005x
7.87=0.005x
x=7.87/0.005
x=amount loaned at 7.9%=$1,574.00
y=$8200-$1574
y=$6,626.00
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0.3, 0.03,0.003
Because 0.3 is equivalent to 3/10
Because 0.03 is equivalent to 3/100
Because 0.003 is equivalent to 3/1000
I think it is 9 1/2 feet.
<span> The answer is is 4 times. </span>
<span>The reason it is 4 is because 3 times 4 is 12 and 12 is less than 14. If you did 3 quarters times 5, you would get 15, going over the limit.</span>
