If the interest is the same for both accounts then:
.03x=.05(16000-x)
.03x=800-.05x
.08x=800
x=10000, since the interest is the same for both we can just double the interest from one investment to find the total interest earned each year...
.03(10000)2=$600.00
c, the answer is going by 3, so it is c.
Answer:
0 and 1
Step-by-step explanation:
x² = 3
take the square root of both sides
x = {-√3, √3}
x ≈ {-1.73, 1.75}
Two consecutive integers between 1.73 and 1.75
0 and 1
Answer:
Step-by-step explanation:
Compounding interest :
Future value of money = Present value * (1+ r)^N
r - interest rate
n - number of period
In our example, Present value = 325.76, FV = 400, r = 2%, and we need to find N
by solving that we can find it that N is equal to 10.3675
Simple interest :
400 - 325.76 = 74.26$ we need to increase
325.76*2% = 6.5152$ each year
74.26 / 6.5152 = 11.3949
as a whole year = 12years
Given :7x+6=5(x+2)
Now We will use the distributive property to multiply 5 by x+2.
→7x+6=5x+10
We will Subtract 5x from both sides.
→7x+6−5x=10
We will Combine 7x and −5x to get 2x.
→2x+6=10
We will Subtract 6 from both sides.
2x=10−6
We will Subtract 6 from 10 to get 4.
2x=4
We will Divide both sides by 2.
x= 4/2
At last,We Divide 4 by 2 to get 2.
x=2
