Simultaneous Equation Solver Application
Getting Started with the Simultaneous Equation Solver
Application
Work through the following example to get acquainted with the
main features of the Simultaneous Equation Solver application.
A small corporation borrowed $500,000 to expand its product
line. Some of the money was borrowed at 9% interest, some at
10%, and some at 12%. How much was borrowed at each rate
if the annual interest was $52,000 and the amount borrowed at
10% was 2.5 times the amount borrowed at 9%?
Let x = amount of money borrowed at 9%
y = amount of money borrowed at 10%
z = amount of money borrowed at 12%
1. Write an equation for each of the statements.
x + y + z = 500,000
.09x + .1y + .12z = 52,000
y = 2.5x
2. Press
3. Select
TI-83 Plus Polynomial Root Finder / Simultaneous Equation Solver Application
2.5x – y = 0
to display a list of applications on your calculator.
. The information screen is displayed.
PolySmlt
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