Precalculus Enhanced with Graphing Utilities
Precalculus Enhanced with Graphing Utilities
6th Edition
ISBN: 9780321795465
Author: Michael Sullivan, Michael III Sullivan
Publisher: PEARSON
Question
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Chapter A.8, Problem 19AYU
To determine

To find: How much was loaned at 8% ?

Expert Solution & Answer
Check Mark

Answer to Problem 19AYU

$11600 loaned at 8%

Explanation of Solution

0.08x + 0.18( 12000  x ) = 1000

0.08x + 2160  0.18x = 1000

0.1x = 1000  2160

x = 11600 at 8%

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