PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS)
PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS)
8th Edition
ISBN: 9781337904285
Author: Larson
Publisher: CENGAGE L
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Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 …
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
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Question
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Chapter 7.3, Problem 84E
To determine

To calculate: The amount borrowed by the company at each rate.

Expert Solution & Answer
Check Mark

Answer to Problem 84E

The amount borrowed at 8% is $300000 , the amount borrowed at 9% is $400000 and the amount borrowed at 10% is $75000 .

Explanation of Solution

Given information: A small corporation borrowed $775000 to expand its software line. Some of the money was borrowed at 8% , some at 9% and some at 10% . The annual interest is $67500 and the amount borrowed at 8% is four times the amount borrowed at 10% .

Formula used:

Use the formula of interest

  I=PRT100 .

where P is the amount borrowed, R is interest rate and T is time period in years.

Calculation:

Assume the amount borrowed at 10% be x dollars.

As per given the amount borrowed at 8% will be 4x dollars.

The total amount borrowed is $775000 . Therefore the amount borrowed at 9% will be

  $775000−5x .

The total interest for all the amounts is the sum of interests for each amount. Therefore,

  P1R1T1100+P2R2T2100+P3R3T3100 is equal to the total interest.

Substitute the values in the formula

  4x×8×1100+(775000−5x)×9×1100+x×10×1100=$6750032x+6975000−45x+10x100=675006975000−3x=6750000

Further simplify

  3x=6975000−67500003x=225000x=2250003=75000 .

Therefore the amount borrowed at 8% is

  4x=4(75000)=300000=$300000

The amount borrowed at 9% is

  $775000−5x=$775000−5(75000)=$775000−$375000=$400000

The amount borrowed at 10% is

  x=$75000 .

Therefore the amount borrowed at 8% is $300000 , the amount borrowed at 9% is $400000 and the amount borrowed at 10% is $75000 .

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Chapter 7.3, Problem 83E
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Chapter 7.3, Problem 85E

Chapter 7 Solutions

PRECALCULUS W/LIMITS:GRAPH.APPROACH(HS)

Ch. 7.1 - Prob. 1ECh. 7.1 - Prob. 2ECh. 7.1 - Prob. 3ECh. 7.1 - Prob. 4ECh. 7.1 - Prob. 5ECh. 7.1 - Prob. 6ECh. 7.1 - Prob. 7ECh. 7.1 - Prob. 8ECh. 7.1 - Prob. 9ECh. 7.1 - Prob. 10E
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Prob. 38ECh. 7.6 - Prob. 39ECh. 7.6 - Prob. 40ECh. 7.6 - Prob. 41ECh. 7.6 - Prob. 42ECh. 7.6 - Prob. 43ECh. 7.6 - Prob. 44ECh. 7.6 - Prob. 45ECh. 7.6 - Prob. 46ECh. 7.6 - Prob. 47ECh. 7.6 - Prob. 48ECh. 7.6 - Prob. 49ECh. 7.6 - Prob. 50ECh. 7.6 - Prob. 51ECh. 7.6 - Prob. 52ECh. 7.6 - Prob. 53ECh. 7.6 - Prob. 54ECh. 7.6 - Prob. 55ECh. 7.6 - Prob. 56ECh. 7.6 - Prob. 57ECh. 7.6 - Prob. 58ECh. 7.6 - Prob. 59ECh. 7.6 - Prob. 60ECh. 7.6 - Prob. 61ECh. 7.6 - Prob. 62ECh. 7.6 - Prob. 64ECh. 7.6 - Prob. 65ECh. 7.6 - Prob. 66ECh. 7.6 - Prob. 67ECh. 7.6 - Prob. 68ECh. 7.6 - Prob. 69ECh. 7.6 - Prob. 70ECh. 7.6 - Prob. 71ECh. 7.6 - Prob. 72ECh. 7.6 - Prob. 73ECh. 7.6 - Prob. 74ECh. 7.6 - Prob. 75ECh. 7.6 - Prob. 76ECh. 7.7 - Prob. 1ECh. 7.7 - Prob. 2ECh. 7.7 - Prob. 3ECh. 7.7 - Prob. 4ECh. 7.7 - Prob. 5ECh. 7.7 - Prob. 6ECh. 7.7 - Prob. 7ECh. 7.7 - Prob. 8ECh. 7.7 - Prob. 9ECh. 7.7 - Prob. 10ECh. 7.7 - Prob. 11ECh. 7.7 - Prob. 12ECh. 7.7 - Prob. 13ECh. 7.7 - Prob. 14ECh. 7.7 - Prob. 15ECh. 7.7 - Prob. 16ECh. 7.7 - Prob. 17ECh. 7.7 - Prob. 18ECh. 7.7 - Prob. 19ECh. 7.7 - Prob. 20ECh. 7.7 - Prob. 21ECh. 7.7 - Prob. 22ECh. 7.7 - Prob. 23ECh. 7.7 - Prob. 24ECh. 7.7 - Prob. 25ECh. 7.7 - Prob. 26ECh. 7.7 - Prob. 27ECh. 7.7 - Prob. 28ECh. 7.7 - Prob. 29ECh. 7.7 - Prob. 30ECh. 7.7 - Prob. 31ECh. 7.7 - Prob. 32ECh. 7.7 - Prob. 33ECh. 7.7 - Prob. 34ECh. 7.7 - Prob. 35ECh. 7.7 - Prob. 36ECh. 7.7 - Prob. 37ECh. 7.7 - Prob. 38ECh. 7.7 - Prob. 39ECh. 7.7 - Prob. 40ECh. 7.7 - Prob. 41ECh. 7.7 - Prob. 42ECh. 7.7 - Prob. 43ECh. 7.7 - Prob. 44ECh. 7.7 - Prob. 45ECh. 7.7 - Prob. 46ECh. 7.7 - Prob. 47ECh. 7.7 - Prob. 48ECh. 7.7 - Prob. 49ECh. 7.7 - Prob. 50ECh. 7.7 - Prob. 51ECh. 7.7 - Prob. 52ECh. 7.7 - Prob. 53ECh. 7.7 - Prob. 54ECh. 7.7 - Prob. 55ECh. 7.7 - Prob. 56ECh. 7.7 - Prob. 57ECh. 7.7 - Prob. 58ECh. 7.7 - Prob. 59ECh. 7.7 - Prob. 60ECh. 7.7 - Prob. 61ECh. 7.7 - Prob. 62ECh. 7.7 - Prob. 63ECh. 7.7 - Prob. 64ECh. 7.7 - Prob. 65ECh. 7.7 - Prob. 66ECh. 7.7 - Prob. 67ECh. 7.7 - Prob. 68ECh. 7.7 - Prob. 69ECh. 7.7 - Prob. 70ECh. 7.7 - Prob. 71ECh. 7.7 - Prob. 72ECh. 7.7 - Prob. 73ECh. 7.7 - Prob. 74ECh. 7.7 - Prob. 75ECh. 7.7 - Prob. 76ECh. 7.7 - Prob. 77ECh. 7.7 - Prob. 78ECh. 7.7 - Prob. 79ECh. 7.7 - Prob. 80ECh. 7.7 - Prob. 81ECh. 7.7 - Prob. 82ECh. 7.7 - Prob. 83ECh. 7.7 - Prob. 84ECh. 7.7 - Prob. 85ECh. 7.7 - Prob. 86ECh. 7.7 - Prob. 87ECh. 7.7 - Prob. 88ECh. 7.8 - Prob. 1ECh. 7.8 - Prob. 2ECh. 7.8 - Prob. 3ECh. 7.8 - Prob. 4ECh. 7.8 - Prob. 5ECh. 7.8 - Prob. 6ECh. 7.8 - Prob. 7ECh. 7.8 - Prob. 8ECh. 7.8 - Prob. 9ECh. 7.8 - Prob. 10ECh. 7.8 - Prob. 11ECh. 7.8 - Prob. 12ECh. 7.8 - Prob. 13ECh. 7.8 - Prob. 14ECh. 7.8 - Prob. 15ECh. 7.8 - Prob. 16ECh. 7.8 - Prob. 17ECh. 7.8 - Prob. 18ECh. 7.8 - Prob. 19ECh. 7.8 - Prob. 20ECh. 7.8 - Prob. 21ECh. 7.8 - Prob. 22ECh. 7.8 - Prob. 23ECh. 7.8 - Prob. 24ECh. 7.8 - Prob. 25ECh. 7.8 - Prob. 26ECh. 7.8 - Prob. 27ECh. 7.8 - Prob. 28ECh. 7.8 - Prob. 29ECh. 7.8 - Prob. 30ECh. 7.8 - Prob. 31ECh. 7.8 - Prob. 32ECh. 7.8 - Prob. 33ECh. 7.8 - Prob. 34ECh. 7.8 - Prob. 35ECh. 7.8 - Prob. 36ECh. 7.8 - Prob. 41ECh. 7.8 - Prob. 42ECh. 7.8 - Prob. 43ECh. 7.8 - Prob. 44ECh. 7.8 - Prob. 45ECh. 7.8 - Prob. 46ECh. 7.8 - Prob. 47ECh. 7.8 - Prob. 48ECh. 7 - Prob. 1CRCh. 7 - Prob. 2CRCh. 7 - Prob. 3CRCh. 7 - Prob. 4CRCh. 7 - Prob. 5CRCh. 7 - Prob. 6CRCh. 7 - Prob. 7CRCh. 7 - Prob. 8CRCh. 7 - Prob. 9CRCh. 7 - Prob. 10CRCh. 7 - Prob. 11CRCh. 7 - Prob. 12CRCh. 7 - Prob. 13CRCh. 7 - Prob. 14CRCh. 7 - Prob. 15CRCh. 7 - Prob. 16CRCh. 7 - Prob. 17CRCh. 7 - Prob. 18CRCh. 7 - Prob. 19CRCh. 7 - Prob. 20CRCh. 7 - Prob. 21CRCh. 7 - Prob. 22CRCh. 7 - Prob. 23CRCh. 7 - Prob. 24CRCh. 7 - Prob. 25CRCh. 7 - Prob. 26CRCh. 7 - Prob. 27CRCh. 7 - Prob. 28CRCh. 7 - Prob. 29CRCh. 7 - Prob. 30CRCh. 7 - Prob. 31CRCh. 7 - Prob. 32CRCh. 7 - Prob. 33CRCh. 7 - Prob. 34CRCh. 7 - Prob. 35CRCh. 7 - Prob. 36CRCh. 7 - Prob. 37CRCh. 7 - Prob. 38CRCh. 7 - Prob. 39CRCh. 7 - Prob. 40CRCh. 7 - Prob. 41CRCh. 7 - Prob. 42CRCh. 7 - Prob. 43CRCh. 7 - Prob. 44CRCh. 7 - Prob. 45CRCh. 7 - Prob. 46CRCh. 7 - Prob. 47CRCh. 7 - Prob. 48CRCh. 7 - Prob. 49CRCh. 7 - Prob. 50CRCh. 7 - Prob. 51CRCh. 7 - Prob. 52CRCh. 7 - Prob. 53CRCh. 7 - Prob. 54CRCh. 7 - Prob. 55CRCh. 7 - Prob. 56CRCh. 7 - Prob. 57CRCh. 7 - Prob. 58CRCh. 7 - Prob. 59CRCh. 7 - Prob. 60CRCh. 7 - Prob. 61CRCh. 7 - Prob. 62CRCh. 7 - Prob. 63CRCh. 7 - Prob. 64CRCh. 7 - Prob. 65CRCh. 7 - Prob. 66CRCh. 7 - Prob. 67CRCh. 7 - Prob. 68CRCh. 7 - Prob. 69CRCh. 7 - Prob. 70CRCh. 7 - Prob. 71CRCh. 7 - Prob. 72CRCh. 7 - Prob. 73CRCh. 7 - Prob. 74CRCh. 7 - Prob. 75CRCh. 7 - Prob. 76CRCh. 7 - Prob. 77CRCh. 7 - Prob. 78CRCh. 7 - Prob. 79CRCh. 7 - Prob. 80CRCh. 7 - Prob. 81CRCh. 7 - Prob. 82CRCh. 7 - Prob. 83CRCh. 7 - Prob. 84CRCh. 7 - Prob. 85CRCh. 7 - Prob. 86CRCh. 7 - Prob. 87CRCh. 7 - Prob. 88CRCh. 7 - Prob. 89CRCh. 7 - Prob. 90CRCh. 7 - Prob. 91CRCh. 7 - Prob. 92CRCh. 7 - Prob. 93CRCh. 7 - Prob. 94CRCh. 7 - Prob. 95CRCh. 7 - Prob. 96CRCh. 7 - Prob. 97CRCh. 7 - Prob. 98CRCh. 7 - Prob. 99CRCh. 7 - Prob. 100CRCh. 7 - Prob. 101CRCh. 7 - Prob. 102CRCh. 7 - Prob. 103CRCh. 7 - Prob. 104CRCh. 7 - Prob. 105CRCh. 7 - Prob. 106CRCh. 7 - Prob. 107CRCh. 7 - Prob. 108CRCh. 7 - Prob. 109CRCh. 7 - Prob. 110CRCh. 7 - Prob. 111CRCh. 7 - Prob. 112CRCh. 7 - Prob. 113CRCh. 7 - Prob. 114CRCh. 7 - Prob. 115CRCh. 7 - Prob. 116CRCh. 7 - Prob. 117CRCh. 7 - Prob. 118CRCh. 7 - Prob. 119CRCh. 7 - Prob. 120CRCh. 7 - Prob. 121CRCh. 7 - Prob. 122CRCh. 7 - Prob. 123CRCh. 7 - Prob. 124CRCh. 7 - Prob. 125CRCh. 7 - Prob. 126CRCh. 7 - Prob. 127CRCh. 7 - Prob. 128CRCh. 7 - Prob. 129CRCh. 7 - Prob. 130CRCh. 7 - Prob. 131CRCh. 7 - Prob. 132CRCh. 7 - Prob. 133CRCh. 7 - Prob. 134CRCh. 7 - Prob. 135CRCh. 7 - Prob. 136CRCh. 7 - Prob. 137CRCh. 7 - Prob. 138CRCh. 7 - Prob. 139CRCh. 7 - Prob. 140CRCh. 7 - Prob. 141CRCh. 7 - Prob. 1CTCh. 7 - Prob. 2CTCh. 7 - Prob. 3CTCh. 7 - Prob. 4CTCh. 7 - Prob. 5CTCh. 7 - Prob. 6CTCh. 7 - Prob. 7CTCh. 7 - Prob. 8CTCh. 7 - Prob. 9CTCh. 7 - Prob. 10CTCh. 7 - Prob. 11CTCh. 7 - Prob. 12CTCh. 7 - Prob. 13CTCh. 7 - Prob. 14CTCh. 7 - Prob. 15CTCh. 7 - Prob. 16CTCh. 7 - Prob. 17CT
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