Laura borrowed $175,000 at a rate of 5% simple interest for 15 years. How much interest will Laura pay?
1 answer:
You might be interested in
State C spent $28.3 million and State D spent $26.3 million.
Step-by-step explanation:
Total spent for tourism = $54.6 million
Let,
The amount spent by State C = x
The amount spent by State D = y
According to given statement;
x+y = 54.6 Eqn 1
x=y+2 Eqn 2
Putting value of x from Eqn 2 in Eqn 1
Dividing both sides by 2
Putting y=26.3 in Eqn 2
State C spent $28.3 million and State D spent $26.3 million.
Keywords: linear equations, substitution method
Learn more about linear equations at:
#LearnwithBrainly