Question

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 = .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.

Answer 1

Answer:

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