ALGEBRA 2 | Ty & Julia

ALGEBRA 2 | Ty & Julia
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  •  If the interest received is $5730.. how much money woulld be loaned at 13%? 
  • I need a car! But i have no money. Maybe i can get a loan !
  • I need $56,000 for a car. 
  • You can loan part of the money at the rate of 13% and the rest at a rate of 8%
  • What about the interest ?
  • The interest would be $5730. 
  • And the rates are 13% and 8 % and the interest is 5730 what means 0.13x + 0.08y =5730.... 
  • If the bank loan out $56.000.. It would be 56.000=X + Y ..
  • I would loan $25.000 at 13% ! I`ll take the deal !
  • ALright, then let`s do the paper work! 
  • 1 WEEK LATER...
  • I Love my new car !
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