A bank loaned out $30,500, part of it at the rate of 5% annual interest, and the rest at 4% annual interest. The total interest earned for both loans was $1,405.00. How much was loaned at each rate?

$What was loaned at 5% and

$ What was loaned at 4%.

Answers

Answer 1

Step-by-step explanation:

Ok, so we know the bank loaned part of the $17,500 at a 4% interest rate. Lets call this loan amount x. Then the rest of the 17,500 was loaned at a 9% interest rate. Whatever this amount was, we can define it as 17,500 - x. We also know that the total interest earned was $1,100. With this information, we can form the following equation:

.04(x) + .09(17500 - x) = 1100

Multiply the .09 times the inside of the parentheses:

.04x + 1575 - .09x = 1100

Simplify:

-.05x + 1575 = 1100

-.05x = -475

x = 9500

Since x is originally the amount loaned at the 4% interest rate, we know that $9,500 was loaned at a 4% interest rate.

To figure out the other amount loaned at 9%, simply subtract 9,500 from 17,500 -- this gets us 8,000. So $8,000 was loaned at a 9% interest rate.

I hope this helps!


Related Questions

Standard form question

Answers

Answer:

 1.64×10^7 km

Step-by-step explanation:

The Pythagorean theorem can be used to find the hypotenuse of this right triangle.

  QR² = PQ² +PR²

Expressing the given distances as multiples of 10^7 km, we have ...

  QR² = 0.36² +1.6² = 0.1296 +2.5600 = 2.6896

  QR = √2.6896 = 1.64

The shortest distance between planets Q and R is 1.64×10^7 km.

Practice using angle relationships.
Assignment
J
What is the measure of JKL?
* 60°
96°
O 80°
O 110°
O 120°
240
H
K L

Answers

Answer:

120

Step-by-step explanation:

24 + 96 = 120

Hope this helps!

s=ut +1/2at
u=10 a= -2 t=1/2
what is the value of s

Answers

Answer: 4.5

Step-by-step explanation:

S= ut + 1/2(at)

S= 10(1/2) + 1/2(-2x1/2)

S= 5 + 1/2(-1)

S= 5 + (-.5)

S= 4.5

What is equivalent to 56 − 7 + ( 26 − 4 ) ÷ 2

Answers

Answer:

60

Step-by-step explanation:

56-7+22÷2

56-7+11

67-7=60

hope it helps thanks

Please help me solve this problem, thank you.

Answers

Step-by-step explanation:

first you need to find the 17 and 8 triangles missing sides length so we do a squared plus b squared equals c square and since we have c which is 17 we subtract 8 squared or 64 from 17 square and we get 225. next the missing line from the next one is done the same way 225 minus 9 squared or 81 and we get 144 and the square root of that is 12 we do 12 squared 144 minus 6 squared because we already know that the side is six because it gives it to us and we get 10.392

Find the area of the figure. Round to the nearest tenth if necessary.

Answers

Answer:

what is the figure i  can kindly help if the figure was there i will edit this message and give the answer after i see the figure

(4x 2 − 2x + 10) + (−2x 2 + 4x − 2)

Answers

Answer:

2x²+2x+8

Step-by-step explanation:

4x²-2x+10-2x²+4x-2

=4x²-2x²-2x+4x+10-2

=2x²+2x+8

Mara is playing a game. There are two marbles in a bag. Ifshe chooses the purple marble, she will win $10. If she chooses the orange marble, she will win $200. What is the expected value of Mara's winnings from the game?

Answers

Answer:

Step-by-step explanation:

Mara has a 50% chance of getting the purple marble and 50% of getting an orange marble, since there's 2 marble; 1 purple and one orange; 1/2 = 50%

So she has a 50% chance of receiving $10 and a 50% chance of receiving the $200.

Classify the following polynomial by its degree value. -x + x26 - 104​

Answers

[tex] \: \: \: \: \: \: [/tex]

[tex] = 25x - 104[/tex]

Step-by-step explanation:

[tex] - x + x26 - 104[/tex]

use the commutative property to reorder the terms

[tex] - x + 26x - 104[/tex]

collect like terms

[tex] = 25x - 104[/tex]

hope it helps

Ernie’s bakery sells pastries for $.75 each. A customer purchased 112 pastries, and Ernie gave him an 8.375% discount. How much did that customer pay for the pastries he purchased?

Answers

Answer:

$7.6965 or $7.70

Step-by-step explanation:

We multiply the price by the amout he bought.

0.75 x 112 = 84 or $8.40

This is how much he would have paid without a discount. To find the discount we multiply the initial amount by the discount percent in decimal form.

8.4 x 0.08375 = 0.7035

This is the amount thay will be subtracted from the initial price.

8.4 - 0.7035 = 7.6965 or $7.70

If a car averages 22 miles per gallon, how many kilometers per liter is this?

Answers

We have to convert the units. 1 mile = 1.60934km, 1 gallon = 3.78541km

Since it's mile per gallon, we divide the units mentioned above.

1 mile / 1 gallon = 1 km / 1 gallon = 1.60934 / 3.78541 = 0.4251

Now multiply this result as a factor to 22

That is 22 * 0.4251 = 9.3522

So the answer is 9.3522

45% of the members in a council are female
there are 72 female council
(a) the total number of council members
(b) the number of male council members

Answers

Answer:

45% are female -> 72

100% are total -> x

x= 72• 100/45

x= 7200/45

x= 160

total= male+female

160= male + 72

male= 88

help me i really need it

Answers

Answer:

A (0, -4)

Step-by-step explanation:

A(0,-4) step by step is

You use substitution to solve a system of equations and, after simplifying, end with a statement that says 7 7. Describe what this statement means about the number of solutions and about the graph of the system.​

Answers

Answer:

Sample Response: Since the statement is true, there are an infinite number of solutions to the system. This statement also indicates that the lines are equivalent.

A tree that stands 75 feet tall, casts a
shadow of 30 feet at 11:00 am. What is
the ratio of the length of the shadow to the
height of the tree?

Answers

Answer:

30 to 75, 30/75, 30:75

Step-by-step explanation:

A typical tip in a restaurant is​ 15% of the total bill. If the bill is ​$90​, what would the typical tip​ be?

Answers

Answer:

Step-by-step explanation:

Let the tip be x.

You have to take 15% of 90 to get x.

The equation looks like

15/100 * 90 = x         Multiply the numerator of the fraction by 90

1350/100 = x            Divide by 100    

x = 13.50

So the tip is 13.50

There are other ways you could do this problem, but I think this is the most easily understood.

Question:-

A typical tip in a restaurant is 15% of the total bill. If the bill is $90, what would the typical tip be?

Answer:-

$13.50

Explanation:-

Let the tip be x.

→ x = [tex] 90 \times \frac{15}{100} [/tex]

→ x = [tex] \frac{1350}{100} [/tex]

→ x = $13.50

PLEASE HELP I WILL MARK BRAINLIST
What is the polynomial function in standard form with zeros -10,0,2?
a) x^3 + 8x^2 + 20x
b) x^3 + 8x^2 - 20x
c) x^2 +8x -20
d) x^2 + 8x + 20​

Answers

Answer:

x³ - 8x² - 20x

Step-by-step explanation:

Zeroes: 10, 0, -2

Factors are: (x - 10), (x - 0), (x + 2)

Multiply all factors to get expression:

(x - 10)x(x + 2) = x(x - 10)(x + 2)

= x(x² - 10x + 2x - 20)

= x(x² - 8x - 20)

= x³ - 8x² - 20x

The perimeter of a square is 252 feet how long is each side
I’m not sure how to set up this problem

Answers

Answer:

63 feet

Step-by-step explanation:

perimeter is the sum of all four sides and, since it's a square then all sides are equal

to find how long each side is divide 252 by 4

252÷4 = 63

Answer:

It seems like you want to solve the question, so I'll not include the answer

Square has 4 sides and each sides are identical length so.

And Perimeter is just the total length of the sides of the shape. So...

Mathematically

Perimeter of square = 4s

where s is length of one side of square

find n. (n!)²- 4n! - 12 = 0​

Answers

Answer:

n=6 , n=-2

Step-by-step explanation:

[tex]n^{2}-4n-12=0[/tex]

Factorise to give:

[tex](n-6)(n+2)[/tex]

Set first one to equal 0:

[tex]n-6=0[/tex]

[tex]n=6[/tex]

Set second one to equal 0:

[tex]n+2=0[/tex]

[tex]n=-2[/tex]

Reason for 2 solutions:

All quadratics can have a maximum of 2 solutions like this one or a minimum of 0.

The solution(s) is the point where the graph crosses the x-axis

The image below shows the graph of the equation:

[tex]n^{2}-4n-12[/tex]

When y=0:

It intercepts the x-axis at 6 and -2 giving why n has 2 solutions

10(11a) what is the answer need help ASAP

Answers

[tex]10(11a) \\ multiply \: \: \: 10 \: \: \: by \: \: \: 11a \\ = 10 \times 11a \\ 110a[/tex]

Answer:

110a

Hope you could get an idea from here.

Doubt clarification - use comment section.

Ok done. Thank to me :>

0.5 + (-1.5) - (-5.5) =

Answers

Answer:

4.5

Step-by-step explanation:

Answer:

4.5

Step-by-step explanation:

0.5 + ( -1.5 ) = -1

-1 - (-5.5) = 4.5

Hopefully this helped you. :)

Santa visits 57 houses in 40 seconds. At that rate how many houses can he visit in 160 seconds.

Answers

Uh numbers the answer is numbers

Answer:

x = 228

Step-by-step explanation:

Set up a proportion

57 houses / 40 seconds = x houses / 160 seconds

Cross multiply

9120 = 40x

Divide both sides by 40 to isolate x

x = 228


I hope this helped and please mark me as brainliest!

single simplified fraction
X/3+X/5​

Answers

8/15x
hope this helps:)

A linear function that represents the number of video games purchased at an electronics store is compared to a different linear function that represents the amount of money the store made that day. Describe the key features of the functions that are needed to determine if these lines intersect.

Answers

Answer:

See there y-intersept and if slope is negative or positive to see if they intersect

How do I divide using "partial remainders"?

Answers

Step-by-step explanation:

When the modulus is ∞, the result is equal to the value in ST(0). Otherwise, C2 is set, and the result in ST(0) is called the partial remainder. The exponent of the partial remainder will be less than the exponent of the original dividend by at least 32. Using partial remainders, dividing multiples of 4 from 46 until you can't divide anymore. You can't divide anymore because 2 is less than 4. So, 2 is the remainder.

3 to the power of -2 as a fraction

Answers

0.03 is your answer yes

From the power rules, the power [tex]3^{-2}[/tex] is equal to the fraction [tex](\frac{1}{3})^{-2}[/tex].

Power Rules

There are different power rules one of them is the negative exponent. For this rule when you have a negative exponent, you need to invert the number, i.e, the power base is converted to the denominator. After that, you should solve the power with a positive exponent.  See the  examples:

[tex]5^{-3}=(\frac{1}{5})^3=\frac{1}{125} \\ \\ \\ {\frac{4}{6} }^{-2}={\frac{6}{4} }^2=\frac{36}{16}[/tex]

Then, the question gives:

[tex]3^{-2}=({\frac{1}{3}})^2[/tex]

Read more about power rules here:

https://brainly.com/question/12140519

#SPJ2

The sum of the angles of a triangle is 180°. If one angle of a triangle measures x and the second
angle measures (4x + 7)º, express the measure of the third angle in terms of x. Simplify the
expression.
.....

Answers

Answer:

-5x+173

Step-by-step explanation:

x+4x+7      (sum of the 2 angles that you know)

5x+7

180-5x+7

-5x+173

Solve the inequality and graph the solution.
j/4>2

Answers

Answer:

J=8

Step-by-step explanation:

Multiply 4 by 2 and then you get 8 and 8/4 is 2 so J = 8

sorry if im incorect

HELP PLSSSS ILL GIVE 5 STARS JUST ANSWER

Answers

Answer:

-1 (color bow red)

Step-by-step explanation:

first plug x=7

-12/2(7) - 2

-12/14-2

-12/12

-1

The equation y = 1/4x represents a proportional relationship. What is the constant of proportionality?​

Answers

Answer:

The constant of proportionality is k=1/4

Step-by-step explanation:

For the equation y=kx, y varies directly with x with the constant of proportionality k. Therefore, k=1/4 is the answer.

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