Emails us- Call US

Assignment help 814

Chelsea took out three loans for a total of $75,000to start an organic orchard. Her business-equipment loan was at an interest rate of 11%, the small-business loan was at an interest rate of 5%,and her home-equity loan was at an interest rate of 5.5%.The total simple interest due on the loans in one year was $4730. The annual simple interest on the home-equity loan was $770more than the interest on the business-equipment loan. How much did she borrow from each source?

Chelsea borrowed $nothingfrom the business-equipment loan, $nothingfrom the small-business loan, and $nothingfrom the home-equity loan.


15% off for this assignment.

Our Prices Start at $11.99. As Our First Client, Use Coupon Code GET15 to claim 15% Discount This Month!!

Why US?

100% Confidentiality

Information about customers is confidential and never disclosed to third parties.

Timely Delivery

No missed deadlines – 97% of assignments are completed in time.

Original Writing

We complete all papers from scratch. You can get a plagiarism report.

Money Back

If you are convinced that our writer has not followed your requirements, feel free to ask for a refund.