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JulsSmile [24]
3 years ago
11

J has a loan of $42,350. This loan has a simple interest rate of 8% per year. What is the amount

Mathematics
1 answer:
Aleksandr-060686 [28]3 years ago
4 0

Answer:

6776

Step-by-step explanation:

8℅ = 0.08

0.08 x 42350 = 3388

3388 x 2 = 6776

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A basketball team sells tickets that cost​ $10, $20,​ or, for VIP​ seats,​ $30. The team has sold 3296 tickets overall. It has s
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Answer:

1022 of $10 tickets, 1326 of $20 tickets, 948 of VIP $30 tickets

Step-by-step explanation:

We can set-up a system of equations to find the number of each kind of ticket. We know there are the cheap tickets c, the medium tickets m and the VIP tickets v. Since 3296 tickets were purchased, then c+m+v=3296.

We also know that 304 more medium priced tickets have been sold then cheap tickets. We write 304+c=m.

Lastly, we know that a total of $65,180 was sold. We write 10c+20m+30v=65,180.

We will solve by substituting one equation into the other. We substitute m=304+c into c+m+v=3296. Simplify and isolate the variable v.

c+m+v=3296

c+(304+c)+v=3296

c+304+c+v=3296

2c+304-304+v=3296-304

2c-2c+v=2992-2c

v=2992-2c

We will now substitute this into the remaining equation with our first substitution.

10c+20m+30v=65,180

10c+20(304+c)+30(2992-2c)=65,180

10c+6080+20c+89760-60c=65180

-30c+95840=65180

-30c+95840-95840=65180-95840

-30c=-30660

c=1022

This means 1,022 tickets purchased were $10 tickets. We substitute this equation back into m=304+c to find m.

m=304+1022

m=1326

This means 1,326 were $20 tickets.

Lastly we know 948 VIP tickets were bought because 1022+1326+948=3296


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