Answer: $12000 was invested at 7% while $8000 was invested at 9%.
Step-by-step explanation:
Based on the information given in the question, let the amount that was invested at 7% be n.
Therefore,
0.07n + 0.09(20000 - n) = 1560
0.07n + 1800 - 0.09n = 1560
-0.02n = 1560 - 1800
-0.02n = -240
n = 240/0.02
n = 120
Therefore, $12000 was invested at 7% while $8000 was invested at 9%.
The answer in simplest for would be 7/8. What you basically do is multiply 7/10 by the reciprocal of 4/5 and that gives u the answer.
Answer:
a) 0.3571 = 35.71% probability that the stock price will be more than $25.
b) 0.1429 = 14.29% probability that the stock price will be less than or equal to $18.
Step-by-step explanation:
Uniform probability distribution:
An uniform distribution has two bounds, a and b.
The probability of finding a value of at lower than x is:

The probability of finding a value between c and d is:

The probability of finding a value above x is:

Uniformly distributed between $16 and $30 per share.
This means that 
a) More than $25?

0.3571 = 35.71% probability that the stock price will be more than $25.
b) Less than or equal to $18?

0.1429 = 14.29% probability that the stock price will be less than or equal to $18.
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