document.write( "Question 534061: A clothing company borrows $775,000. Some of the money is borrowed at 8%, some at 9%, and some at 10% simple annual interest. How much is borrowed at each rate if the total annual interest is $67,500 and the amount borrowed at 8% is four times the amount borrowed at 10%? \n" ); document.write( "
Algebra.Com's Answer #351316 by mananth(16946)![]() ![]() You can put this solution on YOUR website! 8%--------------------x \n" ); document.write( "9%--------------------y\r \n" ); document.write( "\n" ); document.write( "10%-------------------z\r \n" ); document.write( "\n" ); document.write( "x=4z\r \n" ); document.write( "\n" ); document.write( "therefore 8% -----------4z\r \n" ); document.write( "\n" ); document.write( "4z+y+z=775000 \n" ); document.write( "5z+y=775000...................(1)\r \n" ); document.write( "\n" ); document.write( "0.08*4z+0.09y+0.1z=67500 \n" ); document.write( "0.32z+0.09y+0.1z=67500 \n" ); document.write( "0.42z+0.09y=67500.............(2)\r \n" ); document.write( "\n" ); document.write( "5 z + 1 y = 775000 .............1 \n" ); document.write( "0.42 z + 0.09 y = 67500 .............2 \n" ); document.write( "Eliminate y \n" ); document.write( "multiply (1)by -0.09 \n" ); document.write( "Multiply (2) by 1 \n" ); document.write( "-0.45 z -0.09 y = -69750 \n" ); document.write( "0.42 z 0.09 y = 67500 \n" ); document.write( "Add the two equations \n" ); document.write( "-0.03 z = -2250 \n" ); document.write( "/ -0.03 \n" ); document.write( "z = 75,000.00 \n" ); document.write( "plug value of z in (1) \n" ); document.write( "5 z + 1 y = 775000 \n" ); document.write( "375000 + 1 y = 775000 \n" ); document.write( " 1 y = 775000 -375000 \n" ); document.write( " 1 y = 400000 \n" ); document.write( " y = 400000.00 \n" ); document.write( "10% ------------$75000 \n" ); document.write( "9%--------------$400000 \n" ); document.write( "8%--------------4*75000= $300000\r \n" ); document.write( "\n" ); document.write( "CHECK\r \n" ); document.write( "\n" ); document.write( "75000*0.1+400000*0.09+300000*0.08=67500\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( "m.ananth@hotmail.ca \r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |