The amount invested at 11% is $5,000
The amount invested in stock is $14,000
What is the net profit on both investments?
The profit of each investment is the rate of return or loss multiplied by the amount invested
Let us assume that x was invested at 11% and the remaining 19000-x was invested at a loss rate of 3%
net profit=(11%*x)+(19000-x)*-3%
net profit=130
130=(11%*x)+(19000-x)*-3%
130=0.11x-570+0.03x
130=0.14x-570
130+570=0.14x
700=0.14x
x=700/0.14
x=$5,000
Amount invested in stock=19000-x
Amount invested in stocks=19000-5000
Amount invested in stocks=$14,000
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<span>You just have to break each number with its value.
30+2+.04+.003</span>
Area of basketball court: 94 x 50 = 4700 square feet
area of football field: 360 x 160 = 57600 square feet
57600 / 4700 = 12.26
so 12 basketball courts
Answer:
0 And 12
Step-by-step explanation:
0 + 12 = 12
But 0 is 12 away from 12. hope i helped :)
Answer:
Step-by-step explanation:
I hope I helped you! :)
