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A small software corporation borrowed $380,000 to expand its software line. The corporation borrowed some of the money at 3%, some at 4%, and some at 5%. Use a system 2/1/212 times the amount borrowed of equations to determine how much was borrowed at each rate when the annual interest was $14,500 and the amount borrowed at 4% was at 3%. Solve the system using matrices. amount borrowed at 3% $ X amount borrowed at 4% $ X amount borrowed at 5% $ X Need Help? Read It Master It

A small software corporation borrowed $380,000 to expand its software line. The corporation borrowed some of the money at 3%, some at 4%, and some at 5%. Use a system 2/1/212 times the amount borrowed of equations to determine how much was borrowed at each rate when the annual interest was $14,500 and the amount borrowed at 4% was at 3%. Solve the system using matrices. amount borrowed at 3% $ X amount borrowed at 4% $ X amount borrowed at 5% $ X Need Help? Read It Master It

Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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A small software corporation borrowed $380,000 to expand its software line. The corporation borrowed some of the money at 3%, some at 4%, and some at 5%. Use a system times the amount borrowed of equations to determine how much was borrowed at each rate when the annual interest was $14,500 and the amount borrowed at 4% was 2 at 3%. Solve the system using matrices. amount borrowed at 3% $ X amount borrowed at 4% $ X amount borrowed at 5% $ X Need Help? Read It Master It
Transcribed Image Text:A small software corporation borrowed $380,000 to expand its software line. The corporation borrowed some of the money at 3%, some at 4%, and some at 5%. Use a system times the amount borrowed of equations to determine how much was borrowed at each rate when the annual interest was $14,500 and the amount borrowed at 4% was 2 at 3%. Solve the system using matrices. amount borrowed at 3% $ X amount borrowed at 4% $ X amount borrowed at 5% $ X Need Help? Read It Master It
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