Arnold’s credit card had an APR of 14.18% all of last year, and interest was compounded periodically throughout the year. Which
2 answers:
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Answer:
50 hammers and 20 wrenches.
Step-by-step explanation:
Let x represent number of hammers and y represent number of ranchers.
We have been given that a store sold 70 hammers and ranchers. We can represent this information in an equation as:
We are also told that each hammer sold for $10 and each rancher sold for five dollars resulting a total of 600.00. We can represent this information in an equation as:
From equation (1), we will get:
Substituting this value in equation (2), we will get:
Therefore, 20 wrenches were sold.
Now, we will substitute in equation (1) as:
Therefore, 50 hammers were sold.