Laura borrowed a total of $22,000 from two different banks to start a business. One bank charged the equivalent of 4% simple int
2 answers:
Answer: Amount borrowed from 4% rate is $20000 and amount borrowed from 5.5% rate is $2000.
Step-by-step explanation:
Since we have given that
Total borrowed amount = $22,000
Amount borrowed at 4% rate of interest be 'x'.
Amount borrowed at 5.5% rate of interest be '22000-x'.
Number of years = 1
As we know the formula for "Simple interest":
So, Amount borrowed from 4% rate is $20000 and amount borrowed from 5.5% rate is $2000.
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ANSWER: 32 five-dollar bills
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EXPLANATION:
Let x be number of $5 bills
Let y be number of $10 bills
Since we have total of 38 bills, we must have the sum of x and y be 38
x + y = 38 (I)
Since the total amount deposited is $220, we must have the sum of 5x and 10y be 220 (x and y are just the "number of" their respective bills, so we multiply them by their value to get the total value):
5x + 10y = 220 (II)
System of equations:
Divide both sides of equation (II) by 5 so our numbers become smaller
Rearrange (I) to solve for y so that we can substitute into (II)
Substituting this into equation (II) for the y:
We have 32 five-dollar bills
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If we want to finish off the question, use y = 38 - x to figure out number of $10 bills
32 five-dollar bills and 6 ten-dollar bills
Answer:
Option C.
Step-by-step explanation:
A dashed straight line has a negative slope and goes through (0, 2) and (4, 0).
The given inequality is
We need find the point which is a solution to the given linear inequality.
Check the given inequality for point (2, 3).
This statement is false. Option 1 is incorrect.
Check the given inequality for point (2, 1).
This statement is false. Option 2 is incorrect.
Check the given inequality for point (3, -2).
This statement is false. Option 3 is correct.
Check the given inequality for point (-1,3).
This statement is false. Option 4 is incorrect.
Therefore, the correct option is C.
