B is the answer I think but so t take my word for it
The amount that the bank loaned out at 7.9% is $1,574.00
How do represent the amounts lent at different rates?
On the assumption that x amount was loaned at 7.9% and that the remaining amount, (8,200-x) was loan out at 7.4%, we can determine the interest charged on each loan as the loan multiplied by the interest rate
interest on 7.9% loan=7.9%*x=0.079x
interest on 7.4% loan=7.4%*(8200-x)
interest on 7.4% loan=606.80-0.074x
total interest=0.079x+606.80-0.074x
total interest=0.005x+606.80
total interest on loans=614.67
614.67=0.005x+606.80
614.67-606.80=0.005x
7.87=0.005x
x=7.87/0.005
x=amount loaned at 7.9%=$1,574.00
y=$8200-$1574
y=$6,626.00
Find out more about bank loan interest rate on:brainly.com/question/20796174
#SPJ1
Answer:
Step-by-step explanation:
We can add 9 to both sides of the equation to get .
We can divide both sides of the equation by 21 to get .
We take the square root of both sides of the equation to get .
However, that isn't in the form we need.
We know that
so the answer is really and we're done!
Hello!
To find the markup you have to subtract the selling price from the store price so
91 - 65 = 26
So there is a $26 markup
Hope this helps!
Answer: 23.75
Step-by-step explanation:
475*.05=23.75