Answer: he invested $46062.5 at 6% and $23031.25 at 10%
Step-by-step explanation:
Let x represent the amount which he invested in the account paying 6% interest.
Let y represent the amount which he invested in the account paying 10% interest.
He puts twice as much in the lower-yielding account because it is less risky.. This means that
x = 2y
The formula for determining simple interest is expressed as
I = PRT/100
Considering the account paying 6% interest,
P = $x
T = 1 year
R = 6℅
I = (x × 6 × 1)/100 = 0.06x
Considering the account paying 10% interest,
P = $y
T = 1 year
R = 10℅
I = (y × 10 × 1)/100 = 0.1y
His annual interest is $7370dollars. it means that
0.06x + 0.2y = 7370 - - - - - - - - - -1
Substituting x = 2y into equation 1, it becomes
0.06 × 2y + 0.2y = 7370
0.12y + 0.2y = 7370
0.32y = 7370
y = 7370/0.32
y = $23031.25
x = 2 × 23031.25
x = 46062.5
Answer:
I believe its 20% or 20/100 or 1/5
Step-by-step explanation:
i mean, 20% is 20/100 or 1/5. the number already a fraction. the denominator is out of 100.
20% = 20/100
then you change it to simpliest form.
20 / 20 = 1
100 / 20 = 5 = 1/5
Answer:
There are five triangles in a heptagon. A heptagon is a seven-sided polygon.
Step-by-step explanation:
Answer:
A. No
Step-by-step explanation:
y = 2x + 4
(5) = 2(1) + 4
5 = 2 + 4
5 = 6 (false statement)
Answer:
Value of k is
Step-by-step explanation:
We are given the following information in the question:
where x is the time elapses between the end of the hour and the end of the lecture.
We have to find the values of k.
Since, f(x) is the pdf, then,
Hence, value of k is