Answer:
Amount on 11% note = $106,666.67
Amount on 8% note = $43,333.33
Step-by-step explanation:
Let the amount for the short-term note at 11% interest be x.
Thus, the amount for the short-term note at 8% interest will be (150000 - x)
Now we are told that the total interest paid is $15,200.
Thus;
0.11x + 0.08(150000 - x) = 15200
0.11x + 12000 - 0.08x = 15200
Rearranging gives;
0.03x = 15200 - 12000
0.03x = 3200
x = 3200/0.03
x = $106666.67
Thus, amount for 8% note = $150000 - $106666.67 = $43,333.33
*Sorry I messed up my math please read the new answer.
Use distrubitive property to get rid of parentheses. Multiply -3 by 4r and -8 to get -12r+24=36. Then zero out 24 by subtarcting 24 from both sides. You. should then have -12r=12. Divide by -12 on both sides to get r by itself. Your answer should be r=1*. Hope this helps :)
Answer:
16225
Step-by-step explanation:
You need to multiply