Solve the problem.A loan officer at a bank has $81,000 to lend and is required to obtain an average return of  per year. If he can lend at the rate of  or the rate of  how much can he lend at the  rate and still meet his required return?

A. $40,500.00
B.

$4,764.71?

C. $2,531.25
D. $1,336,500.00


Answer: A

Mathematics

You might also like to view...

Use =, <, or > to write a true statement.  

A. = B. < C. >

Mathematics

Identify the quadrant in which the point is located.(-13, 5)

A. Quadrant I B. Quadrant II C. Quadrant IV D. Quadrant III

Mathematics

Find the equation of a line with the given slope and y-intercept.Slope , y-intercept (0, -5)

A. y = - x + 5
B. y = - x - 5
C. y = x + 5
D. y = x - 5

Mathematics

Solve the equation.5(x - 8) = 0

A. -5 B. -8 C. 5 D. 8

Mathematics