Solved

A Bank Lent Million for the Development of Three

Question 37

Multiple Choice

A bank lent A bank lent   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was   . How much was lent at each rate? ​ A)    B)    C)    D)    E)   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was A bank lent   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was   . How much was lent at each rate? ​ A)    B)    C)    D)    E)   . How much was lent at each rate? ​


A) A bank lent   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was   . How much was lent at each rate? ​ A)    B)    C)    D)    E)
B) A bank lent   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was   . How much was lent at each rate? ​ A)    B)    C)    D)    E)
C) A bank lent   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was   . How much was lent at each rate? ​ A)    B)    C)    D)    E)
D) A bank lent   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was   . How much was lent at each rate? ​ A)    B)    C)    D)    E)
E) A bank lent   million for the development of three new products, with one loan at 6%, one loan at 7%, and the third loan at 8%. The amount lent at 8% was equal to the sum of the amounts lent at the other two rates, and the bank's annual income from the loans was   . How much was lent at each rate? ​ A)    B)    C)    D)    E)

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions