Answer:
$3,190.80
Step-by-step explanation:
yr 1:
27500 x .35 = 9625
27500 - 9625 = 17875
yr 2:
17875 x .35 = 6256.25
17875 - 6256.25 = 11618.75
yr 3:
11618.75 x .35 = 4066.5625
11618.75 - 4066.5625 = 7552.1875
yr 4:
7552.1875 x .35 = 2643.265625
7552.1875 - 2643.265625 = 4908.921875
yr 5:
4908.921875 x .35 = 1718.12265625
4908.921875 - 1718.12265625 = 3190.79921875
11/131 is 0.084, 8.4% or 8%.
1,507.125 square inches. Yes I did just answer this again.
Using simple interest, it is found that $13,872 was loaned at 9%.
<h3>Simple Interest</h3>
The amount of money after t years in simple interest is modeled by:

In which:
- r is the interest rate, as a decimal.
The interest earned is:

A bank loaned out $14000, in two parts, hence:

Part of it at the rate of 9% per year and the rest at 17% per year, hence:

The interest received in one year totaled $2000, hence:

Then:



Isolating
as a function of
, then we can replace on the equation for the first interest.



Then:






$13,872 was loaned at 9%.
To learn more about simple interest, you can take a look at brainly.com/question/25296782
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