Answer:
Step-by-step explanation:
Slope intercept form a equation of a line is given by the following formula:
Slope intercept form:
Given that, a point is (-4,-4)
i.e.
Slope,
Putting the given values in the Slope intercept form equation:
Putting the value of and
in the slope intercept form:
Let the amount invested with 5% interest be x
Therefore, the amount invested with 6% interest will be (6000-x)
It is given that the total interest earned yearly is $337.5. Thus, the equation of interest will be:
Multiplying both sides by 100 we get:
Subtracting both sides by 36000 we get:
Thus, the amount invested at 5% is $2250
Therefore, the amount invested at 6% will be $(6000-2250)=$3750