Mathematics, 01.10.2019 04:00 wrightdarius78

Abusiness has two loans totaling $50,000. one loan has a rate of 8% and the other has a rate of 12%. this year, the business expects to pay $4,500 in interest on the two loans. how much is each loan?

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Answer from: LarryJoeseph

the 8% loan has a principal of $37500

the 12% loan has a principal of $12500

Step-by-step explanation:

Let's start by writing the general equation for the interest hwre I is the interest, P is the principal (in our case would be loan amounts), "r" is the interest rate in decimal form (in our case one would be 0.12, and the other one 0.08), and t is the time in years (in our case 1 year).

I=P*r*t

Then we write the interest equation coming from each loan at the end of this year (we call I1 the interest coming from the 12% loan and I2 the interest coming from the 8% one). Since we don't know the loan amounts (in fact those are what we need to find) we will name one "x" and the other "y":

$I=P*r*t\\I1=x * 0.12*1\\I2=y*0.08*1$

Next, we add these last two equations term by term, and replace the addition of both interests by $4500 as given in the information:

$I1=x * 0.12*1\\I2=y*0.08*1\\I1+I2 = 0.12x+0.08y\\4500=0.12x+0.08y$

This is our first equation in the variables x and y which are our unknowns.

Now we generate the second equation on x and y by writing in agebraic terms the other piece of information we have: "the total of the two loans is $50000. That is the addition of the principals x and y should equal $50000:

x+y=50000

We solve for y in this last equation and replace its form in terms of x in the equation of the interest, and solve for the unknown x:

$y=50000-x\\4500 = 0.12x +0.08 y\\4500=0.12x+0.08(50000-x)\\4500=0.12x+4000-0.08x\\4500=0.12x-0.08x+4000\\4500=0.04x+4000\\4500-4000=0.04x\\500=0.04x\\x=\frac{500}{0.04} =12500$

Therefore the amount of the loan at 12% is $12500

Now to find the amount of the second loan "y" we use the equation for the totals of the loans:

$x+y=50000\\12500+y=50000\\y=50000-12500=37500$

Therefore, the loan at 8% is $37500

Answer from: Quest

Two because two of one thing is two.

Answer from: Quest

the correct option is 2.

step-by-step explanation:

according to the given information triangle abc is a right angle triangle with right angle at a. segment ab is 5 and segment ac is 7. point d is on segment bc and angles adb and adc are right angles.

it is given that triangles abd, cad, and cba are similar.

two triangles are similar if their corresponding sides are proportional.

in triangle cba, using pythagoras theorem

$ab^2+ac^2=bc^2$

$ab^2+ac^2=x^2$ )

triangle abd and cba are similar,

$\frac{ab}{bc}=\frac{bd}{ab}$

$ab^2=bc\cdot bd$

$25=bc\cdot bd$ (2)

triangle cad and cba are similar,

$\frac{ac}{bc}=\frac{cd}{ac}$

$ac^2=bc\cdot dc$

$7\times 7=bc\cdot dc$

$49=bc\cdot dc$ )

using (1), (2) and (3), we get

$25+49=x^2$

$74=x^2$

hence proved.

therefore option 2 is correct.

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Abusiness has two loans totaling $50,000. one loan has a rate of 8% and the other has a rate of 12%....

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