Mary borrowed $21,500 to buy a truck for her business. She borrowed from her parents who charge her 3% simple interest. She borrowed from a credit union that charges 5% simple interest, and she borrowed from a bank that charges 6% simple interest. She borrowed four times as much from her parents as from the bank, and the amount of interest she paid at the end of 1 yr was $865. How much did she borrow from each source?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mary borrowed $21,500 to buy a truck for her business. She borrowed from her parents who charge her 3% simple interest. She borrowed from a ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Solve inequality. x + 1 > - 5 (7 - 2x)
Answers (2)
Count out the Numbers of cube. make piar. then write even or odd
Answers (1)
How would you write 36/10 as a decimal
Answers (1)
Do systems of equations with different slopes and different y-intercepts have more than one solution
Answers (1)
What's 4d plus 12e in distributive property
Answers (1)
New Questions in Mathematics
Luke earned $54 after mowing 3 lawns. Find the constant of proportionality, and then write an equation comparing earnings to lawns mowed. How much would Luke earn after mowing 7 lawns?
Answers (1)
Sarah and Jenny are running a race. Sarah reaches the finish line, wow Jenny stopped 7/9 of the way. Draw a number line that shows where Jenny stopped. What fraction of the race did Jenny still have to finish?
Answers (1)
the radius of the wheel on a car is 21 inches. if the wheel is revolving at 202 revolutions per minute, what is the linear speed of the car in miles per hour
Answers (1)
If a customer brought an item that had full price of 850 from a retailer how much in total with the retailer receive in the end of the customer used s coupon of 150
Answers (1)
A will states that nine tenths 9 10 of an estate is to be divided among relatives. Of the remaining estate, one half 1 2 goes to the American Cancer Society. What fraction of the estate goes to the American Cancer Society?
Answers (2)