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A company borrows $891,000 at 5%, 6% and 9% interest. It owed $54,000 in annual interest. The amount borrowed at 5% was four times the amount at 6%. How much was borrowed at 9%?
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A company borrows $891,000 at 5%, 6% and 9% interest. It owed $54,000 in annual interest. The amount borrowed at 5% was four times the amount at 6%. How much was borrowed at 9%?

User Noah Heldman
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7.7k points

1 Answer

3 votes

Answer:

$274,526

Explanation:

User Icaruk
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8.1k points
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