OpenStax, Elementary Algebra 2e §5.5 Solve Mixture Applications with Systems of Equations · Exercise 32 · Algebra · Systems
Solve Mixture Applications with Systems of Equations · Exercise 32
Translate to a system of equations and solve.
A business has two loans totaling $85,000. One loan has a rate of 6% and the other has a rate of 4.5%. This year, the business expects to pay $4650 in interest on the two loans. How much is each loan?
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OpenStax, Elementary Algebra 2e · §5.5 Solve Mixture Applications with Systems of Equations · Exercise 32
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