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

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 48CR
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Question
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? *
7%
5%
4.5%
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?
992
1182
996
1026
Transcribed Image Text: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? * 7% 5% 4.5% 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? 992 1182 996 1026
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