Calculate the average of 7,081 and 8,890.

A business has two loans totaling $50,000. One loan has a rate of 8% and the other has a rate of 12%. This year, the business ex

Debora [2.8K]

Answer:

the 8% loan has a principal of $37500

the 12% loan has a principal of $12500

Step-by-step explanation:

Let's start by writing the general equation for the interest hwre I is the interest, P is the principal (in our case would be loan amounts), "r" is the interest rate in decimal form (in our case one would be 0.12, and the other one 0.08), and t is the time in years (in our case 1 year).

$I=P*r*t$

Then we write the interest equation coming from each loan at the end of this year (we call I1 the interest coming from the 12% loan and I2 the interest coming from the 8% one). Since we don't know the loan amounts (in fact those are what we need to find) we will name one "x" and the other "y":

$I=P*r*t\\I1=x * 0.12*1\\I2=y*0.08*1$

Next, we add these last two equations term by term, and replace the addition of both interests by $4500 as given in the information:

$I1=x * 0.12*1\\I2=y*0.08*1\\I1+I2 = 0.12x+0.08y\\4500=0.12x+0.08y$

This is our first equation in the variables x and y which are our unknowns.

Now we generate the second equation on x and y by writing in agebraic terms the other piece of information we have: "the total of the two loans is $50000. That is the addition of the principals x and y should equal $50000:

$x+y=50000$

We solve for y in this last equation and replace its form in terms of x in the equation of the interest, and solve for the unknown x:

$y=50000-x\\4500 = 0.12x +0.08 y\\4500=0.12x+0.08(50000-x)\\4500=0.12x+4000-0.08x\\4500=0.12x-0.08x+4000\\4500=0.04x+4000\\4500-4000=0.04x\\500=0.04x\\x=\frac{500}{0.04} =12500$

Therefore the amount of the loan at 12% is $12500

Now to find the amount of the second loan "y" we use the equation for the totals of the loans:

$x+y=50000\\12500+y=50000\\y=50000-12500=37500$

Therefore, the loan at 8% is $37500

5 0

3 years ago

The dividend is a factor of 60. The divisor is a factor of 18. The quotient is a multiple of 3. Use the numbers to find one poss

Diano4ka-milaya [45]

Answer:

A possible solution is 60/2 = 30

Step-by-step explanation:

The given parameters are;

The dividend is a factor of 60

The divisor is a factor of 18

The quotient is a multiple of 3

The dividend is the amount divided

The dividend is the number that is dividing the dividend

The quotient is the result of the division operation

The given numbers to use are 60, 2, 30, and 18

Therefore one possible solution is 60/2 = 30

The dividend = 60 which is a factor of 60 (60 × 1 = 60)

The divisor = 2 which is a factor of 18 (2 × 9 = 18)

The quotient = 30 which is a multiple of 3 (3 × 10 = 30)

6 0

2 years ago

| 9. The distance between Town A and Town B was 108 km. A car and a van left Town A at 12 00 for Town B. On reaching Town B, the

Westkost [7]

Answer:

a) Time until both vehicles meet is 1.5 hours after starting at noon. That makes it 1:30PM.

b) Average speed of car is 84 km/h

Step-by-step explanation:

A -----------------------z------------B

Left Speed(km/h) Time

Car: 12PM X

Van: 12PM 60

Car/Van

DistanceCar AB + z

DistanceVan Az

Ratio: (AB+z)/Az = 7/5

Time until both meet = T (in hours)

Distance Car: xT

Distance Van: 60T

====

xT = AB + z

60T = Az

---

(xT/60T)= (7/5)

x = 60(7/5)

x = 84 km/h

=====

Time for car to reach B is: time (hr) = 108 km/(84 km/h)

time = 1.286 hours

Distance for at 1.289 hours is: distance (km) = (60 km/h)*(1.286 h)

distance = 77.14 km

At 1.286 hours, the car reverses direction. The van is (108 km - 77.14 km) or 30.86 km away.

Add the distances travelled by both vehicles after the car reverses direction at 1.286 hours. The sum will be 30.86 km when they meet, at time of T.

Car Distance + Van Distance = 30.86 km

T(84 km/h) + t(60 km)

They meet when they are 0 km apart, which can be modeled with the following equation:

Van travel Distance - Car Travel Distance = 0 starting at 1.286 hr.

Let t be the time after 1.286 hours that both vehicles meet/collide.

t*(60 km/h) + t(84 km/h) = 30.86 km

t(60+84) = 30.86 km

t(144 km/h) = 30.86 km

t = 0.2143 hr

Total time until the car and van meet is 1.286 hr + 0.2143 hr for a total of 1.50 hours.

=================

a) Time until both vehicles meet is 1.5 hours after starting at noon. That makes it 1:30PM.

b) Average speed of car is 84 km/h

==============

CHECK

Is the ratio of the distance travelled by the car and the van until they meet in the ratio of 7/5?

Car distance is (1.5 hr)(84 km/h) = 126 km

Van distance is (1.5 hr)(60 km/h) = 90.0 km

Ratio is 126/90 or 1.4

Ratio of 7/5 is 1.4

YES

3 0

2 years ago

MONTRESOR: My dear Fortunato, you are luckily met. How remarkably well you are looking to-day! But I have received a pipe of wha

RSB [31]

Answer:

Montresor is luring Fortunato to a trap.

Step-by-step explanation:

Montresor is luring Fortunato to a trap that Montresor has prepared in his own basement.

In the story by Edgar Allen Poe, Montresor (the narrator) tells the reader that Fortunato has horribly insulted Montresor and Montresor will get revenge.

7 0

2 years ago

Mr.Tan and his friends planned a group visit for three adults and nine children.Find the amount of money they had to pay for the

siniylev [52]

$36 for adults, $56 children.

7 0

3 years ago