Gonzalez Manufacturing borrowed $39000. Part of the money was borrowed at 8%, part at 10%, and part at 12%. The annual interest was $3960, and the total amount borrowed at 8% and 10% was twice the amount borrowed at 12%. Use Gaussian elimination or Gauss-Jordan elimination to find the amount borrowed at each rate.
Gonzalez Manufacturing borrowed $39000. Part of the money was borrowed at 8%, part at 10%, and part at 12%. The annual interest was $3960, and the total amount borrowed at 8% and 10% was twice the amount borrowed at 12%. Use Gaussian elimination or Gauss-Jordan elimination to find the amount borrowed at each rate.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.1: Systems Of Equations
Problem 25E
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Gonzalez Manufacturing borrowed $39000. Part of the money was borrowed at 8%, part at 10%, and part at 12%. The annual interest was $3960, and the total amount borrowed at 8% and 10% was twice the amount borrowed at 12%. Use Gaussian elimination or Gauss-Jordan elimination to find the amount borrowed at each rate.
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