First you need to move that n over im fairly certain
You already have the answer in the question
The answer is 1/6. To solve, simply set up an equation. It will be x/6. As you know, x can stand for anything. 1 will be the reasonable number for variable, x. Why? Well since x=1x. You don't actually write "1" Hope this makes your understanding clear.
Answer:
$30,000 and $55,000
Step-by-step explanation:
If 4.5% loan is x, and the 6% loan is y, then:
x + y = 85000
0.045x + 0.06y = 4650
Solve the system of equations with substitution or elimination. Using substitution:
0.045x + 0.06(85000 − x) = 4650
0.045x + 5100 − 0.06x = 4650
450 = 0.015x
x = 30000
y = 55000