Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Use the following to answer questions 6 - 8. A small corporation borrowed $150,000 to expand its operations. Some of the money was borrowed at

Use the following to answer questions 6 - 8.

A small corporation borrowed $150,000 to expand its operations. Some of the money was borrowed at 8%, some was borrowed at 9%, and some was borrowed at 12% for a total interest amount of $13,300. How much was borrowed at each rate if the amount borrowed at 8% was 4 times the amount borrowed at 12%?

6. Write the system of equations for the information given.

Answer:

7. Write the augmented matrix for the system of equations found in (6).

8. Use the augmented matrix found in (7) to find the value of x, y, and z for the system of equations.

Answer: x = y = z =

9. Find the area of the triangle with vertices (5, 4), (9, 7), and (1,6)

10. Find the value of x so that the following points are collinear:(2, -5), (4, x) , and (5, -2)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Topological Methods In Group Theory

Authors: Ross Geoghegan

1st Edition

1441925643, 978-1441925640

More Books

Students also viewed these Mathematics questions

Question

LO3 Describe the components of a situation analysis

Answered: 1 week ago