6 divided by 2 times 200 multiplied by 5
2 answers:
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Answer:
y =
Step-by-step explanation:
Let the equation of the line is,
y = mx + b
Here m = slope of the line
b = y-intercept
Slope of a line passing through two points and
is,
m =
From the graph attached,
Since, the given line passes through (0, -1) and (3, 4),
Slope 'm' =
m =
y - intercept 'b' = -1
Therefore, equation of the line will be,
y =
Answer:
The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
Let
x ------> the amount of money that should be invested at the rate of 5.25%
25,000-x -----> the amount money that should be invested at the rate of 4%
in this problem we have
substitute in the formula above
Solve for x
therefore
The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000