I am drivin 45 miles per hour how far can I drive in 2 hours and 20 minutes
2 answers:
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Answer:
Sum of money invested in corporate bonds = 30,000
Step-by-step explanation:
Total sum = 40,000
The rate of interest for corporate bonds = 10 % = 0.1
The rate of interest for municipal bonds = 6 % = 0.06
Total interest = 3600
Let sum of money invested in corporate bonds = x
The sum of money invested in municipal bonds = 40000 - x
× 0.1 × 1 + (
) × 0.06 × 1 = 3600
(0.1- 0.06) + 2400 = 3600
0.04 = 1200
= 30,000
Since x = sum of money invested in corporate bonds
So sum of money invested in corporate bonds = 30000
Let the smaller number be x.
Given, the larger number is 7 times the smaller number.
So, the larger number = 7x.
Given, 3 times the larger number is 7 more than 4 times the smaller number.
So we can write the equation as,
Now we have to move 4x to the left side by subtracting 4x from both sides.
To get x, we will divide both sides by 17. We will get,
So the smaller number =
The larger number = =
So we have got the required numbers.
Smaller number = and larger number =
.