VongVong lent 6,000 pesos to Lennifor 2 years and 1500 pesos to Hiskofor 4 years and received altogetherfrom both 900 pesos as SimpleInterest. What is the rate of interest? *7%5%4.5%10%800 pesos amounts to 920 pesos in 3years at Simple Interest. If the interestrate is increased by 3%, what would itamount to?99211829961026

Answered: Image /qna-images/answer/f2bdcc27-1dde-48b2-a616-80ee8acd35c9.jpg

VongVong lent 6,000 pesos to Lenni for 2 years and 1500 pesos to Hisko for 4 years and received altogether from both 900 pesos as Simple Interest. What is the rate of interest?" О % O 5% O 4.5% O 10% 800 pesos amounts to 920 pesos in 3 years at Simple Interest. If the interest rate is increased by 3%, what would it amount to? * O 992 O 1182 О 996 O 1026

VongVong lent 6,000 pesos to Lenni for 2 years and 1500 pesos to Hisko for 4 years and received altogether from both 900 pesos as Simple Interest. What is the rate of interest?" О % O 5% O 4.5% O 10% 800 pesos amounts to 920 pesos in 3 years at Simple Interest. If the interest rate is increased by 3%, what would it amount to? * O 992 O 1182 О 996 O 1026

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...

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