Mathematics, 10.07.2019 03:30, sidneydominguez2323

Urgent pls simultaneous equations to start a new company a person borrows 120 000 from a bank. under the terms of the loan the company will pay interest on this loan calculated at 14 % per annum on part of the loan and 17%per annum on the remainder and does not have to repay any of the $120000 capital until the second year. if the first year interest bill totalled $18150 how much of the $120000 was borrowed at 14% and how much at 17%

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Urgent pls simultaneous equations to start a new company a person borrows 120 000 from a bank. unde...