A small corporation borrowed $800,000 to expand its line of toys. Some of the money was borrowed at 8%, some at 9%, and some at 10%. How much was borrowed at each rate if the annual interest owed was $67,400 and the amount borrowed at 8% was five times the amount borrowed at 10%?
?
A. $575,000 at 8%$110,000 at 9%$115,000 at 10%
B. $575,000 at 8%$115,000 at 9%$115,000 at 9%
C. $575,000 at 9%$110,000 at 8%$115,000 at 10%
D. $575,000 at 8%$115,000 at 9%$110,000 at 10%
E. $575,000 at 8%$115,000 at 9%$115,000 at 10%
Answer: A
You might also like to view...
Write the equation for the plane.The plane through the points P(-1, -6, 10) , Q(2, -8, 39) and
A. 7x + 4y + z = 7 B. 7x + 4y +z = -7 C. 7x - 4y - z = -7 D. 7x - 4y - z = 7
Solve the inequality. |7x-2|<4
Solve the problem. Round your answer to the nearest cent.Tara invests $250 in an account paying 8.7% compounded annually. How much is in the account after 7 years?
A. $448.28 B. $449.64 C. $152.25 D. $448.80
Change the fraction or mixed number into an equivalent decimal. Use bar notation to write repeating decimals. -
A. -3.08 B. -3.04 C. -3.85 D. -3.075