1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nesterboy [21]
2 years ago
5

A bank loaned out $33,500, part of it at the rate of 12% annual interest, and the rest at 14% annual interest. The total interes

t earned for both loans was $4,370.00. How much was loaned at each rate?​
Mathematics
1 answer:
algol132 years ago
3 0

Answer:

  • $17,500 at 14%
  • $16,000 at 12%

Step-by-step explanation:

Let x represent the amount loaned at 14%. Then the total interest earned is ...

  0.14x +0.12(33,500 -x) = 4,370

  0.02x = 350 . . . . . . . . . . subtract 4020 and simplify

  x = 17500 . . . . . . . . . divide by 0.02

The amount loaned at 12% is $33,500 -17,500 = $16,000.

  $17,500 was loaned at 14%

  $16,000 was loaned at 12%

You might be interested in
Solve for x:<br> .<br> 3x – 1 = –2x + 39
zysi [14]

<em>x = 8</em>

Step-by-step explanation:

3x-1=-2x+39

Add 1 to both sides.

3x=-2x+40

Add 2x to both sides.

5x=40

Divide 40 by 5.

x = 8

5 0
3 years ago
My rule is: y = x + 12 <br> If y = 17 <br> What is x?
Usimov [2.4K]

Answer:

x=5

Step-by-step explanation:

y=x+12

17=x+12

17=5+12

17=17 ✓

5 0
2 years ago
Please help Will give you the brainliest.
balu736 [363]

Answer: A.

Step-by-step explanation:

7 0
3 years ago
The rise and span for a roof are shown The pitch of a roof is the ratio of the rise to the half-span. If the rise is 8 ft and th
Amiraneli [1.4K]
The pitch in simplest form is 4/15
8 0
3 years ago
Simplify 4 + (-3 -8)
const2013 [10]

Answer:

-7

Step-by-step explanation:

4 0
3 years ago
Read 2 more answers
Other questions:
  • (-5,2) (-5,-1) how to find the slope-intercert form ​
    6·1 answer
  • Translate the word phrase into a math expression.
    9·2 answers
  • How to find the perimeter and the area of a rectangle on a coordinate plane using the distance formula? : A(3,8) B(5,4) C(-4,-1)
    11·1 answer
  • You pick a card at random what is the probability of picking 8 and then picking 8
    7·2 answers
  • I did this problem and I was told I did it wrong how do I fix it??
    5·1 answer
  • What is the value of x to the nearest tenth?
    14·1 answer
  • Which quadrant of the coordinate plane has ordered pairs in the form of a positive number
    12·1 answer
  • Can someone help me with this math homework please!
    7·2 answers
  • Maria had 6 feet of ribbon. She will cut the ribbon into pieces that are 2/3 of a foot long. How many pieces of ribbon will Mari
    6·1 answer
  • Which classifications apply to the polygon? Check all that apply.
    5·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!