Ralph Chase plans to sell a piece of property for ​$160000. He wants the money to be paid off in two ways −a ​short-term note at 9​% interest and a​ long-term note at 7​% interest. Find the amount of each note if the total annual interest paid is ​$12900.

The amount of the ​9% note is ​$___ and the amount of the ​7% note is ​$___?

Answers

Answer 1

Answer:

9%=15,000

7%=12,000

thats what i think.

Answer 2

Answer:

The amount of 12% note is $90,000

The amount of 9% note is $80,000

Step-by-step explanation:

Missing word "The amount of the 12% note is $ and the amount of the 9% note is $"

Selling price = $170,000

Let x be the amount of money paid short term, therefore the amount of money paid long term is (170000 - x)

Given total annual interest = $18,000

Total annual interest = Interest due to short term (x) + interest due to long term (170000 - x)

18,000 = 0.12x + 0.09*(170000 - x)

18,000 = 0.12x + 15,300 - 0.09x

18,000 = 0.03x + 15,300

0.03x = 18,000 - 15,300

0.03x = 2,700

x = 2,700/0.03

x = 90,000

So, the amount of 12% note is $90,000

So long term paid money = $170,000 - $90,000 = $80,000

So, the amount of 9% note is $80,000

Step-by-step explanation:


Related Questions

a=4-b
2a+b=1

SIMULTANEOUS EQUATIONS
help pls​

Answers

Plug in for a

2(4-b)+b=1

8-2b+b=1

8-b=1

b=7

Step-by-step explanation:

An engineer designed a valve that will regulate water pressure on an automobile engine. The engineer designed the valve such that it would produce a mean pressure of 5.9 pounds/square inch. It is believed that the valve performs above the specifications. The valve was tested on 160 engines and the mean pressure was 6.0 pounds/square inch. Assume the variance is known to be 0.36. A level of significance of 0.05 will be used. Determine the decision rule.

Answers

Answer:

Calculated value Z = 2.1097 > 1.96 at 0.05 level of significance

There is a difference between the means

Step-by-step explanation:

Step(i):-

Given that mean of the Population = 5.9pounds/square inch

Given mean of the sample = 6.0pounds/square inch

Given that variance of the Population = 0.36

The standard deviation of the Population = √0.36 =0.6

critical value (Z₀.₀₅)= 1.96

Step(ii):-

Null Hypothesis:H₀: x⁻ = μ

Alternative Hypothesis:H₁:  x⁻ ≠ μ

Test statistic

              [tex]Z = \frac{x^{-}-mean }{\frac{S.D}{\sqrt{n} } }[/tex]

               [tex]Z = \frac{6.0-5.9 }{\frac{0.6}{\sqrt{160} } }[/tex]

              Z  =  2.1097

Final answer:-

Calculated value Z = 2.1097 > 1.96 at 0.05 level of significance

The null hypothesis is rejected

There is a difference between the means

Explain how to compare decimals use the numbers 6.75 and 6.732 to help you explain this process

Answers

Answer:

6.75>6.732

Step-by-step explanation:

We are given that

6.75 and 6.732

We have to compare two given decimal numbers.

First we convert like decimal number

In 6.75 there are two digits after decimal point.

In 6.732 , there are three digits after decimal point

Therefore, we put zero in 6.75 to convert like decimal number

Now, we get

6.750

Unit place of both decimal numbers are same and tenth place of both decimal number are same.

Now, hundredth place of 6.750 is 5 and hundredth place of 6.732 is 3

5 >3

Therefore, 6.750 is greater than 6.732

6.75>6.732

Answer:

person above me is correct, dk why they have a 4

Step-by-step explanation:

Part A : At Mountain Park Middle school, there are 250 seventh-grade students who are not in advanced math. Let a represent the number of seventh-grade students who are not in advanced math?
Part B: How many students are NOT in advanced math?

Answers

Answer:

How many students are NOT in advanced math? 250 students...

answer this plz I give brainliest

Answers

C.) 4 Hours, $60 Hope this helps!!!

Evaluate: 3 - 4 - 4 - (-2)

Answers

the answer is negative 3 :) -3

Pls helpppppp I’ll mark u

Answers

Answer:

B. It describes the distance between 6 and -6 on the number line. (wrong)

Step-by-step explanation:

Colin made chocolate and vanilla cookies. He made 30
chocolate cookies. He made 2/3 as many vanilla as
chocolate. How many vanilla cookies did he make?

Answers

Answer:

20

Step-by-step explanation:

2/3 of 30 is 20

The answer is 20 bc

MP.4 Model with Math

6 cookies in 1 bag . How many Cookies
are in 5 bags ? use the Bar diagram to write and solve an equation .

? Cookies ​

Answers

the answer is 30 cookies

Q. What is 40% of 230?

Answers

Answer:

Its 92 :D

Step-by-step explanation:

Answer: 92

Step-by-step explanation:

Miranda bought a dress for $24.95 and a skirt for $14.95. The sales tax is 9.5%. What is the total cost Miranda will pay the clerk?

Answers

Answer:

Step-by-step explanation:

the total price for clothes= 24.95+14.95=39.90

sales tax 39.90*9.5/100=3.79

the total paid to the clerk will be=39.90+3.79=43.69

at 6:00 a.m., the temperature is 58°. At 2:00 p.m., temperature is 76°. Find the rate of change in degrees per hour during this time.

Answers

Answer:

The rate of change is of 2.25 degrees per hour.

Step-by-step explanation:

The rate of change in degrees per hour is given by by the change in temperature divided by the change in time(by number of hours).

In this question:

From 6 am to 2 pm, there are 12 - 6 + 2 - 0 = 6 + 2 = 8 hours

The change in temperature was of 76 - 58 = 18º

Rate of change:

18º/8 = 2.25º

The rate of change is of 2.25 degrees per hour.

Pls help I need a good grade on this I’ll brainlest

Answers

-10.4


subtract 5.2 on each side because it’s the inverse operation

hope this helps!

Answer:

-10.4 is the answer from my side

the distance between two towns on a map is 5 cm if the real distance between the two towns is 25 km what is the scale of the map

Answers

Answer:

50000 km per cm I think

Step-by-step explanation:

Answer:

5km to 1cm, (50000:1, if converted to centimeters).

Step-by-step explanation:

It would be awesome if I had some help please. An answer is fine, but an explanation would be much appreciated.

Answers

Answer:

868x

Step-by-step explanation:

Write 25/60 and 8/20 as fractions in simplest form. Then determine whether the ratios form a proportion.




Please help! My school Chromebook doesn't allow me to watch ads, so right now I can't even get the answer! Please respond quickly...

Answers

Answer:

8/20= 4/5

25/60= 5/12

Step-by-step explanation:

8÷4

Write an integer to represent the situation.

paying a bill of $55

Answers

Answer:

I have 2

1)working for 2 hours and getting payed $55

2)you have $-55 in your bank

Step-by-step explanation:

The required integer that represents paying a bill of $55 would be "55".

What are Integers?

Integers are defined as the collection of Whole Numbers  Integers is represented by the symbol Z.

Integers are numbers that can be written without a fractional or decimal component, such as -3, -2, -1, 0, 1, 2, 3, and so on. They include the positive whole numbers (1, 2, 3, etc.), the negative whole numbers (-1, -2, -3, etc.), and zero.

We have to write an integer to represent the given situation.

As per the question, the integer represents the amount of money being paid in dollars.

Therefore, an integer that represents paying a bill of $55 would be "55".

To learn more about the integers click here:

https://brainly.com/question/1768254

#SPJ2

Using the dimensions 8ft x 32 ft

What will the new dimensions of the rectangle be after a dilation with a scale factor of 4?

Answers

32x128 just multilpu both by 4 you don’t have to worry about anything else because your not dilating on a graph

Elijah asked 300 students at his school to name their favorite type of pet. The results are shown in the pie chart below.

Answers

Complete Question:

Elijah asked 300 students at his school to name their favorite type of pet. The results are shown in the pie chart below. How many students chose fish as their favorite pet?

a. 180 b. 18 c. 54 d. 30

*Check the attachment for the pie chart

Answer:

C. 54

Step-by-step explanation:

Total number of students under survey = 300

Percentage of students who chose fish as their favorite = 18%

Number of students who chose fish as their favorite pet = [tex] \frac{18}{100} * 300 [/tex]

[tex] = 18 * 3 [/tex]

[tex] = 54 [/tex]

54 students chose fish as their favorite pet.

3. Directions: Given: f(x)= x + 2x and g()=-X-5x + 12. Find g(9) = a. 747 b. 48 C. O d.-114​

Answers

It is b. 48 because f(x) is 3

What is the value of x?

Answers

Answer is X = 82,
Triangle is obtuse which is 180 degree because when you add 45 and 53 together its 98, so just subtract 98 from 180, you’ll get 82!

I keep getting the wrong answer​

Answers

Answer: [tex]f(t)=550t[/tex]

Step-by-step explanation:

Given

Distance between Toronto to Dallas is 1200 miles

speed of the plane is 550 mph

We know, [tex]distance=speed\timestime[/tex]

for any time t, distance is given by

[tex]distance=f(t)=550\times t[/tex]

where t is hours

for [tex]t=0,f(t)=0[/tex] i.e. plane is at Dallas at 2 pm

time taken to reach dallas is [tex]\dfrac{1200}{550}=2.18\ \text{hr}[/tex]

why do some metals react with only steam?​

Answers

Answer:

Metals which react with steam form the solid metal oxide and hydrogen gas.

In general, the more reactive the metal, the more rapid the reaction. Aluminium is unusual, because it is a reactive metal that does not react with water. Its surface forms a protective layer of aluminium oxide that keeps water away from the metal below.

The apparatus used to react a metal with steam and collect the gas produced is shown below.

Answer:

This is because some metals like aluminium, zinc, iron do not react with hot/cold water ; they react only with steam to form a metal oxide and hydrogen.

Step-by-step explanation:

Question 13, pls help & tell how to do the problem thank u

Answers

Answer:

(-4,-10) and (5,-3)

Step-by-step explanation:

To be honest, this kind of question allows for any coordinates as long as they have the slope of 9/7.

I know the slope equation is (y2-y1)/(x2-x1) = m (where m is slope)

(y2-y1)/(x2-x1) = 9/7

From this equation, find any two numbers that have a difference of 9 to the y-coordinates.

I'll go with 5 and -4 (y-coordinates)

And two integers that have a difference of 7 for the x-coordinates.

I go with -3 and -10 (x- coordinates)

So the points I got are,

(5-(-4))/((-3)-(-10)) = 9/7

5-(-4) is equal to 5+4 (2 minus signs are equal to 1 plus sign), which is 9.

(-3)-(-10) is equal to -3+10 (2 minus signs are equal to 1 plus sign), which is 7.

The two points are (-4,-10) and (5,-3)

Notice if we were to subtract 5 from -4, we would also have to subtract -3 from -10.

-4-5= -9 and -10- -3 = -10+3 = -7

-9/-7 is the same as 9/7.

Basically, (-4,-10) and (5,-3) are different coordinates and you can only switch them as coordinate 1 or 2 but not the points.

Sorry, took a while, hope I was able to help! Good Luck.

Which BEST analyzes the nuances of word choice in line 21 of this play
excerpt?
The use of the word "customary" by Algernon signals
to the audience that necessary background
A
information will follow in order to help explain the
refreshment choices offered by Lane
The stage direction indicating that Algernon is to
B)
express his line "stiffly" is meant to help the audience
recognize the character's sense of being offended by
a previous comment made by Jack
The question that is presented by Algernon functions
as a subtle warning to Jack that Algernon suspects
him of misdeeds and has heard unsettling gossip
about Jack's activities over the last week
Algernon uses the words "slight refreshment' to
D)
emphasize the idea that Jack should not expect the
amount or variety of foods available at a formal
dinner during his brief visit to Half-Moon Street.
C

Answers

Answer: C

Step-by-step explanation:

125 divided by 4 pls helpe

Answers

Answer:

31.25

Step-by-step explanation:

Translate (in terms of x) then solve the algebraic equation: The sum of a number and 3 is subtracted from 10 the result is 5.

Answers

Answer:

The answer is 2

Step-by-step explanation:

Let the number be x

10 - (3 + x) = 5

10 - 3 -x = 5

7 - x = 5

x = 7-5

x = 2

I need help pls I only have 3 mins!!

Answers

Answer:

First one is 6 16/21

Second one is 3 14/15

Step-by-step explanation:

Can someone help im struggling real hard

Answers

(8x-9) + 3x = 90

8x + 3x -9 = 90

11x = 99

x = 99/11 = 9


3x = 3(9) = 27

8x-9 = 90 -27 = 63

Answer:

(8x - 9)˚ = 63˚

and

(3x)˚ = 27˚

Step-by-step explanation:

heeyyyyy remember me?

Complementary angles are angles that equal 90˚, so we can create an equation:

(8x - 9) + 3x = 90

Remove the paranthesis

8x - 9 + 3x = 90

Add 9 to both sides

8x + 3x = 99

Simplify

11x = 99

divide both sides by 11

x = 9

So if we plug in x for 9 we get:

8x - 9

8(9) - 9

72 - 9

63

3x

3(9)

27

So

(8x - 9)˚ = 63˚

and

(3x)˚ = 27˚

identify the amount in this statement. 6 is 30% of 20

Answers

Answer: 6 or 20 would be the amount. (if there was only one, then i revise this.)

Step-by-step explanation:

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