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bixtya [17]
2 years ago
10

Please help me with this question on my homework. I've been stuck for a while

Mathematics
1 answer:
kondor19780726 [428]2 years ago
5 0

~~~~~~ \textit{Simple Interest Earned} \\\\ I = Prt\qquad \begin{cases} I=\textit{interest earned}\dotfill & \$360\\ P=\textit{original amount deposited}\\ r=rate\to 6\%\to \frac{6}{100}\dotfill &0.06\\ t=years\dotfill &8 \end{cases} \\\\\\ 360 = (P)(0.06)(8)\implies \cfrac{360}{(0.06)(8)}=P\implies 750=P

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Answer:

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Step-by-step explanation:

Let Abel's share = A

Let Cedric's share = C

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A + C = 180  - - - - - (1)   (Abel and Cedric will share a total of $180)

A = \frac{C}{2}\ - - - - - - - (2) (Abel will receive half as much as Cedric. )

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putting this value of C in eqn (3) into eqn (1)

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to find C, let us replace the value of A in eqn (3) with 60

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C = 2 × 60

C = 120

Therefore, Abel receives $60, and Cedric receives $120

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