I think that Luis would have to pay $22.50
Answer:
13
Step-by-step explanation:
We replace each X with a 3, so
4 + 3 + 3 + 3
which equals to 13
You start with a 1/4 chance of picking a diamond.
you remove it from the deck you now have a 12/51 chance of picking a diamond
1/17 is your answer!
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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