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kherson [118]
3 years ago
10

here will be 57 guests and he wants to make sure everyone gets a slice of cake. He wants to pay as little as possible for the ca

kes and for them to be the same size.
Mathematics
1 answer:
kicyunya [14]3 years ago
3 0
So what would the question be
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A bank loaned out $20,000, part of it at the rate of 9% per year and the rest at 17% per
Black_prince [1.1K]

Answer:

The bank loan out at $5000 at 9%

Step-by-step explanation:

A bank loaned out $20,000

Let x be the amount loaned at at the rate of 9% per year

So, 20000-x amount loaned at at the rate of 17% per year

Formula : A =P(1+r)^t

Amount at 9% interest in 1 year

A=x(1+0.09)^1

A=1.09x

Interest = Amount - Principal = 1.09x-x=0.09x

Amount at 17% interest in 1 year

A=(20000-x)(1+0.17)^1

A=1.17(20000-x)

Interest = Amount - Principal = 1.17(20000-x)-(20000-x)

We are given that the interest received in one year totaled $3000

So,1.17(20000-x)-(20000-x)+0.09x=3000

x=5000

So, the bank loan out at $5000 at 9%

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What is the percent of change of $65 to $75
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Answer: It’s 15.38%.

sorry if it’s wrong

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