WebbRalph Chase plans to sell a piece of property for $145000. 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 $15300. Amount of the 12% note is $75000 and the 9% note is $70000 Find all solutions by factoring WebbRalph Chase plans to sell a piece of property for $170000 . He wants the money to be paid off in two ways - a short-term note at 11% interest and a long-term note at 8% interest. …
Answered: Ralph Chase plans to sell a piece of… bartleby
WebbRalph Chase plans to sell a piece of property for $160,000: x + y = 160,000 the total annual interest paid is $14,750: 0.12x + 0.09y = 14750 by solving the system of equations: x + y = 160000 0.12x + 0.09y = 14750 we find x = $11,666.67 y = $148,333.33 click here to see the step by step solution of the system of equations Click to see all the steps Webb26 aug. 2024 · Ralph Chase plans to sell a piece of property for $155000. He - 28341001. q4i4sph69g q4i4sph69g 08/26/2024 Mathematics High School answered • expert verified Ralph Chase plans to sell a piece of property for $155000. He wants the money to be paid off in two ways - a short-term note at 10% interest and a long-term note at 8% interest. holli osborn trial date
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WebbRalph Chase plans to sell a piece of property for $160000. He wants the money to be paid off in two ways-a short term note at 10% interest and a long term note at 8% interest. … WebbRalph Chase plans to sell a piece of property for $135000. 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. … Webb6 nov. 2024 · Ralph Chase plans to sell a piece of property for $170000. He wants the money to be paid off in two waysminusa short-term note at 10 % interest and a long-term note at 8 % interest. Find the amount of each note if the total annual interest paid is $15400. See answer Advertisement valetta Answer: Amount of short term note = $90,000 holli osborn trial