subject
Business, 17.04.2020 22:35 jagger68

Loan X has a principal of $10,000x and a yearly simple interest rate of 4%. Loan Y has a principal of $10,000y and a yearly simple interest rate of 8%. Loans X and Y will be consolidated to form Loan Z with a principal of $(10,000x + 10,000y) and a yearly simple interest rate of r%, where r = (4x+8y)/(x+y).
In the table, select a value for x and a value for y corresponding to a yearly simple interest rate of 5% for the consolidated loan. Make only two selections, one in each column.

X Y Value
(A) 21
(B) 32
(C) 51
(D) 64
(E) 81
(F) 96

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 05:30
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
Answers: 2
question
Business, 22.06.2019 10:50
Suppose that a firm is considering moving from a batch process to an assembly-line process to better meet evolving market needs. what concerns might the following functions have about this proposed process change: marketing, finance, human resources, accounting, and information systems?
Answers: 2
question
Business, 23.06.2019 00:00
What is a sales lead? a. an employee on the customer service team who deals with existing customers b. a sales person who works on a residual commission structure c. an expert in maslow's hierarchy of needs d. a potential customer who has shown interest in the company's product
Answers: 1
question
Business, 23.06.2019 09:30
Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted
Answers: 1
You know the right answer?
Loan X has a principal of $10,000x and a yearly simple interest rate of 4%. Loan Y has a principal o...
Questions
question
Mathematics, 25.05.2021 01:00
question
Mathematics, 25.05.2021 01:00
question
Mathematics, 25.05.2021 01:00
Questions on the website: 13722367