Answer:
were is the chart? so I can answer
Make an equation
X+X+200=1500
Isolate the variable
2x=1300
X=650
Know that we know what X is, we know that X + 200 will equal the cost of the second appliance
650+850=1500
CD = certificate of deposit (an investment)
Interest rate, i = 10% per annum (simple interest)
Principal, P = $2000 (present value)
Period, T = 3 months = 0.25 year
Simple interest formula
Interest earned = Pit
=2000*0.10*0.25
=$50
Balance at maturity (amount that investor gets after three months)
=$2000+$50
=$2050
