If a family had three kids, named Alice, Bob, and Carl. Assume that each is equally likely to be born; I.E., 1/3 chance for each
2 answers:
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Answer:
$16000 invested in 4.25% and 16000 invested in 6.25%
Step-by-step explanation:
Let x be the amount invested in 4.25% and y be the amount invested in 6.25%
4.25%= 0.0425
6.25%= 0.0625
subtract x from both sides
total interest earned is 1680
Now solve for x and y
subtract 2000 from both sides
divide by -0.02 from both sides
x=16000