subject
Business, 28.07.2019 03:30 izabelllreyes

Acity zoo borrowed $2,000,000 at simple annual interest to construct a breeding facility. some of the money was borrowed at 6%, some at 7%, and some at 10%. use a system of linear equations to determine how much was borrowed at each rate given that the total annual interest was $145,500 and the amount borrowed at 6% was twice the amount borrowed at 10%. solve the system of linear equations using matrices.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:50
Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?
Answers: 2
question
Business, 22.06.2019 20:00
If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be:
Answers: 1
question
Business, 22.06.2019 20:40
Which of the following would indicate an improvement in a company's financial position, holding other things constant? a. the inventory and total assets turnover ratios both decline.b. the debt ratio increases.c. the profit margin declines.d. the times-interest-earned ratio declines.e. the current and quick ratios both increase.
Answers: 3
question
Business, 22.06.2019 20:40
The largest elements of community corrections are
Answers: 1
You know the right answer?
Acity zoo borrowed $2,000,000 at simple annual interest to construct a breeding facility. some of th...
Questions
question
Social Studies, 02.06.2021 08:10
question
Mathematics, 02.06.2021 08:10
question
English, 02.06.2021 08:10
question
Chemistry, 02.06.2021 08:10
question
Chemistry, 02.06.2021 08:10
Questions on the website: 13722363