amount corporation borrow at 8% interest? (round your answer to the nearest cent) 184°F O $81,481.48 O $261,111.11 $244,444.44 O $407,407.40 O Heavy rain 7 Q W # E Te $ R Q Search 5 T 6 17 Y G TF F & H U 19 k 8 ( K O P 10 A 40 ta

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.4: Series And Their Notations
Problem 57SE: Karl has two years to save $10000 to buy a used car when he graduates. To the nearest dollar, what...
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vaikkapa
******
A large corporation borrows $750,000 to expand its product line. Some of the money was borrowed at 5% interest, some at 8%, and some at 12% interest. The
amount borrowed at 8% was five times the amount borrowed at 5%. The interest owed at the end of the year on this money was $68,000. How much money did the
corporation borrow at 8% interest? (round your answer to the nearest cent)
***
FASCYNOYP
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$261,111.11
$244,444.44
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Transcribed Image Text:vaikkapa ****** A large corporation borrows $750,000 to expand its product line. Some of the money was borrowed at 5% interest, some at 8%, and some at 12% interest. The amount borrowed at 8% was five times the amount borrowed at 5%. The interest owed at the end of the year on this money was $68,000. How much money did the corporation borrow at 8% interest? (round your answer to the nearest cent) *** FASCYNOYP O $81,481.48 O www de crew 84°F Heavy rain $261,111.11 $244,444.44 $407,407.40 2202 2 -0- Per tal de po ba S un archadema nik indus wend we la P 7 G mit RT A 16 wh 15 by B F3 Q+ #M 3 E 54 F5 R F Q Search % 5 V JL C F6 T G 6 F7 Y B F8 87 H A+ N F9 * 00 8 ME F10 142 M K C F11 O FIZ L P Prt Sc Insert Backspace D i 5:30 PM 6/17/2023 Home
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