A small software corporation borrowed $85,000 to expand its software line. The corporation borrowed some of the money at 3%, some at 4%, and some at 5%. Use a system of equations to determine how much was borrowed at each rate when the annual interest was $3,800 and the amount borrowed at 4% was 2- times the amount borrowed at 3%. Solve the system using matrices. amount borrowed at 3% $ amount borrowed at 4% $ amount borrowed at 5%

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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A small software corporation borrowed $85,000 to expand its software line. The corporation borrowed some of the money at 3%, some at 4%, and some at 5%. Use a system of equations to determine how much
was borrowed at each rate when the annual interest was $3,800 and the amount borrowed at 4% was
2- times the amount borrowed at 3%. Solve the system using matrices.
amount borrowed at 3%
$
amount borrowed at 4%
$
amount borrowed at 5%
$
Transcribed Image Text:A small software corporation borrowed $85,000 to expand its software line. The corporation borrowed some of the money at 3%, some at 4%, and some at 5%. Use a system of equations to determine how much was borrowed at each rate when the annual interest was $3,800 and the amount borrowed at 4% was 2- times the amount borrowed at 3%. Solve the system using matrices. amount borrowed at 3% $ amount borrowed at 4% $ amount borrowed at 5% $
Determine the value(s) of k such that the system of linear equations has the indicated number of solutions. (Enter your answers as a comma-separated list.)
Infinitely many solutions
4x + ky = 10
kx + у %3D —-5
k =
Transcribed Image Text:Determine the value(s) of k such that the system of linear equations has the indicated number of solutions. (Enter your answers as a comma-separated list.) Infinitely many solutions 4x + ky = 10 kx + у %3D —-5 k =
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