Answer:
- short-term: $90,000
- long-term: $70,000
Step-by-step explanation:
Let x represent the amount borrowed on the short term. Then 160000-x is the amount of the long-term note. The total interest is ...
0.11x +0.08(160000-x) = 15500
0.03x + 12800 = 15500 . . . . simplify
0.03x = 2700 . . . . . . . . . subtract 12800
x = 2700/.03 = 90,000 . . . . short-term note
160,000 -90,000 = 70,000 . . . . long-term note
The short-term note was for $90,000; the long-term note was for $70,000.
Answer:
<u>45</u>
Step-by-step explanation:
2(3-2)=2
43+2=45
Answer:
y = 2x - 8
Step-by-step explanation:
Parallel lines have SIMILAR <em>RATE OF</em><em> </em><em>CHANGES</em><em> </em>[<em>SLOPES</em>], so 2 remains the same:
8 = 2[8] + b
↑
16
-8 = b
y = 2x - 8 >> Parallel Equation
I am joyous to assist you anytime.
Answer:
1/2
Step-by-step explanation:
because 2/4 can be reduced to 1/2