An 40,000 is borrowed for 7 years at 8.25% interest, compounded annuallyIf the loanpald in full the end of that period, how much must be paid back

The students at jefferson middle school are raising money for a charity by selling t-shirts and hats. the number of t-shirts sold was 3 times the number of hats. the profit was $5 for each t-shirt sold and $2.50 for each hat sold. the students raised $840 for the charity. they used the system below to analyze their success and found the solution to be (144, 48). 5x+2.50y=840 x=3y how much did they earn from t-shirt sales?