Respuesta :
The amount borrowed from the the lender that charges 4.4% interest is $1000.
The amount borrowed from the the lender that charges 5.7% interest is $1500.
What are the linear equations that can be derived from the question?
a + b = $2500 equation 1
0.088a + 0.114b = $246 equation 2
Where:
a = amount borrowed from the lender that charges 4.4% interest
b = amount borrowed from the lender that charges 5.7% interest
How much was borrowed from the lender that charges 5.7% interest?
Multiply equation 1 by 0.114
0.114a + 0.114b = 285 equation 3
Subtract equation 2 from equation 3
39 = 0.026b
b = $1500
How much was borrowed from the lender that charges 4.4% interest?
Substitute for b in equation 1
a + $1500 = $2500
a = $2500 - $1500
a = $1000
To learn more about simultaneous equations, please check: https://brainly.com/question/25875552
