Two consecutive odd whole numbers are selected. The difference between the reciprocals of the two numbers is 2/143. Determine th
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She invested $ 50000 at 1.5% rate and $ 90000 at 4% rate.
<u><em>Explanation</em></u>
Total amount of winnings = $ 200000
She first paid income tax on 30% on the winnings. So, the amount paid as income tax dollar.
<u>Remaining amount</u> = $ 200000 - $ 60000 = $ 140000
Suppose, she invested dollar at 1.5% rate.
That means, she invested dollar at 4% rate.
Given that, the total amount of interest earned = $ 4350
So, the equation will be.....
So, amount of investment at 1.5% rate = $ 50000
and amount of investment at 4% rate = $ 140000 - $ 50000 = $ 90000
In cases like these, you simply have to multiply the choices you have for each step.
In fact, you can choose between 4 different crusts. For each of these crusts you can choose 4 different sauces. This means that there are choices at this point. In fact, if we call the crust options 1,2,3,4 and the sauce options A,B,C,D, the 16 possible combinations are
From here, you keep going multiplying the number of options for each step, for a total of