Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. mr levy borrowed money from two lenders one lender

Mr Levy borrowed money from two lenders One lender charged 6 5 simple interest and...

80.2K

Verified Solution

Question

Algebra

image

Mr Levy borrowed money from two lenders One lender charged 6 5 simple interest and the other charged 4 5 simple interest Mr Levy had to borrow 200 more at 6 5 than he did at 4 5 If the total interest after the first year was 266 how much did be borrow at each rate He borrowed at 6 5 and S at 4 5

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Which compound will have the larger Rf value on a SiO2 TLC plate using 10% ethyl...

Chemistry
Q

Complete a) flowchart solution and b) working Python solution. It will need to compare gene sequences, looking...

Programming
Q

What is a 1000 word response applying and explaining the importance of psychology in a physical...

Psychology
Q

20. A film distribution manager calculates that 8% of the films released are flops. If the...

Basic Math
Q

explain the general trends you see in each graph what do you see or think...

Biology
Q

45 An object is placed at a distance of 30 cm from a convex lens...

Physics
Q

Calculate the distance between the points K 3 2 and E 4 6 in the...

Algebra
Q

The O Company has 3 separate branches: ...

Accounting
Q

Why exactly are these trends are occurring, what are the underlying business environment or strategic/management...

Accounting
Q

Management Science / Decision Science (Business Statistics) Case Problem 1 PLANNING AN...

Accounting
Q

1. Journal entries: Croc-ade, Inc. is a sports drink manufacturer that uses a process costing...

Accounting
Q

uppose that the risk-free bond price evolves in the following way: A(0) = 100, A(1)...

Finance