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A Small Corporation Borrowed $800,000 to Expand Its Line of Toys.Some

question 46

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A small corporation borrowed $800,000 to expand its line of toys.Some of the money was borrowed at 8%,some at 9%,and some at 10%.How much was borrowed at each rate if the annual interest owed was $67,400 and the amount borrowed at 8% was five times the amount borrowed at 10%? ​


Definitions:

Dysthymic Symptoms

long-term, chronic symptoms of depression that are less severe than major depressive disorder.

Mania

A mental state characterized by extreme energy, euphoria, hyperactivity, and a reduced need for sleep, often seen in bipolar disorder.

Hypomania

A milder form of mania, characterized by elevated or irritable mood, increased activity or energy levels, but not severe enough to cause significant impairment.

Depression

A common mental disorder characterized by persistent sadness, loss of interest, and a lack of energy or drive, often accompanied by physical symptoms.

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