K Ralph Chase plans to sell a piece of property for $140000. He wants the money to be paid off in two ways - a short-term note at 12% interest and a long-term note at 9% interest. Find the amount of each note if the total annual interest paid is $14850 The amount of the 12% note is $ and the amount of the 9% note is $ P r t Note Interest Time Amount Rate (%) (in years) 12 140000-x 9 X I Interest Paid x(0.12)(1) 1 (140000-x)(0.09X(1)

Trigonometry (11th Edition)
11th Edition
ISBN:9780134217437
Author:Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
Publisher:Margaret L. Lial, John Hornsby, David I. Schneider, Callie Daniels
Chapter1: Trigonometric Functions
Section: Chapter Questions
Problem 1RE: 1. Give the measures of the complement and the supplement of an angle measuring 35°.
Question
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Ralph Chase plans to sell a piece of property for $140000. He wants the money to be paid off in two ways - a short-term note at 12% interest and a long-term note at 9% interest. Find the amount of each note if the total annual
interest paid is $14850.
entre
The amount of the 12% note is $and the amount of the 9% note is $
View an example Get more help -
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E
E
9
P
r
t
Note Interest Time
Amount Rate (%) (in years)
140000-x
12
9
Clear all
x(0.12)(1)
1 (140000-x)(0.09X(1)
Check answer
3:23 PM
OFFRID 4 12/2/2022
I
Interest
Paid
□
Transcribed Image Text:42 13 14 on 15 K e solve this Ralph Chase plans to sell a piece of property for $140000. He wants the money to be paid off in two ways - a short-term note at 12% interest and a long-term note at 9% interest. Find the amount of each note if the total annual interest paid is $14850. entre The amount of the 12% note is $and the amount of the 9% note is $ View an example Get more help - Type here to search E E 9 P r t Note Interest Time Amount Rate (%) (in years) 140000-x 12 9 Clear all x(0.12)(1) 1 (140000-x)(0.09X(1) Check answer 3:23 PM OFFRID 4 12/2/2022 I Interest Paid □
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