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san4es73 [151]
3 years ago
5

the annual interest on an 18,000 investment exceeds the interest earned on a 9000 investment by 648. the 18,000 is invested at a

0.6% higher rate of interest than the 9000. what is the interest rate of each investment
Mathematics
1 answer:
Natalka [10]3 years ago
7 0
Let x=annual interest rate of 18000 investment.
Then
18000*x - 9000(x-0.006)=648
Solve for x
18000x-9000x+9000*0.006=648
9000x=648-54=594
x=594/9000=0.066
Answer:
the annual interest rate of the 18000 investment is 6.6%
the annual interest rate of the   9000 investment is 6.0%

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Anyone know how to do this? If so plz help
bekas [8.4K]

NOTES:

Use the equation y = mx + b where m is the unit rate and b is the one-time flat fee

1. Answer:

\begin {array}{c||c|c|c|c}x&0&1&2&3\\ y&70.00&70.20&70.40&70.60\\\end{array}

<u>Step-by-step explanation:</u>

coffee maker costs $70 - this is a one-time flat fee

it costs $0.20 per cup of coffee - this is the unit rate

y = 0.20x + 70

y = 0.20(0) + 70   →   y = 0.00 + 70   →   y = 70.00

y = 0.20(1) + 70   →   y = 0.20 + 70    →   y = 70.20

y = 0.20(2) + 70   →   y = 0.40 + 70   →   y = 70.40

y = 0.20(3) + 70   →   y = 0.60 + 70   →   y = 70.40

*******************************************************************************

2. Answer:

\begin {array}{c||c|c|c|c}x&1&2&3&4\\ y&4.50&6.00&7.50&9.00\\\end{array}

<u>Step-by-step explanation:</u>

shoes costs $3.00 - this is a one-time flat fee

it costs $1.50 per game of bowling - this is the unit rate

y = 1.50x + 3.00

y = 1.50(1) + 3.00  →    y = 1.50 + 3.00   →   y = 4.50

y = 1.50(2) + 3.00  →   y = 3.00 + 3.00   →   y = 6.00

y = 1.50(3) + 3.00  →   y = 4.50 + 3.00   →   y = 7.50

y = 1.50(4) + 3.00  →   y = 6.00 + 3.00   →   y = 9.00

*******************************************************************************

3. Answer: Negative

<u>Step-by-step explanation:</u>

As the x-values increase, the y-values decrease.  Opposite directions results in a negative slope.

*******************************************************************************

4. Answer: Gym A → y = 20x + 50    Gym B → y = 25x + 30

<u>Step-by-step explanation:</u>

Use the slope formula: m = \dfrac{y_2-y_1}{x_2-x_1}.  Then choose ONE of the points and input the point (x₁, y₁) and slope (m) into the Point-Slope formula: y - y₁ = m(x - x₁) and solve for y.

Gym A: (x₁, y₁) = (1, 70) and (x₂, y₂) = (2, 90)

m=\dfrac{90-70}{2-1} = \dfrac{20}{1} = 20

y - 70 = 20(x - 1)

y - 70 = 20x - 20

y        = 20x + 50

Gym B: (x₁, y₁) = (1, 55) and (x₂, y₂) = (2, 80)

m=\dfrac{80-55}{2-1} = \dfrac{25}{1} = 25

y - 55 = 25(x - 1)

y - 55 = 25x - 25

y        = 25x + 30


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