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A college student borrowed $44,000 to pay for tuition, room, and board. Some of the money was borrowed at 4%, some at 6%, and some at 8%. How much (in dollars) was borrowed at each simple interest rate, given that the annual interest was $2,250 and the amount borrowed at 8% was three times the amount borrowed at 6%? 4% 6% 24 8% 2$

A college student borrowed $44,000 to pay for tuition, room, and board. Some of the money was borrowed at 4%, some at 6%, and some at 8%. How much (in dollars) was borrowed at each simple interest rate, given that the annual interest was $2,250 and the amount borrowed at 8% was three times the amount borrowed at 6%? 4% 6% 24 8% 2$

Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter1: Introduction To Algebra
Section: Chapter Questions
Problem 12CT
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A college student borrowed $44,000 to pay for tuition, room, and board. Some of the money was borrowed at 4%, some at 6%, and some at 8%. How much (in dollars) was borrowed at each simple interest rate, given that the annual interest was $2,250 and the amount borrowed at 8% was three times the amount borrowed at 6%?
A college student borrowed $44,000 to pay for tuition, room, and board. Some of the money was borrowed at 4%, some at 6%, and some at 8%. How much (in dollars) was borrowed at each simple interest rate, given that the annual interest was $2,250 and the amount borrowed at 8% was three times the amount borrowed at 6%? 4% $ 6% 2$ 8% 2$ Need Help? Read It
Transcribed Image Text:A college student borrowed $44,000 to pay for tuition, room, and board. Some of the money was borrowed at 4%, some at 6%, and some at 8%. How much (in dollars) was borrowed at each simple interest rate, given that the annual interest was $2,250 and the amount borrowed at 8% was three times the amount borrowed at 6%? 4% $ 6% 2$ 8% 2$ Need Help? Read It
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