The answer is. $1500.
Let x represent the amount invested at 5%, then is the amount invested at 8%, and is the amount invested at 6%. Since the total return is $1270:
let money invested at 5%= x
money invested at 6%
= 20000- (X+X-1500)
21500-2x
Total interest for 1 year.
x×5/100+ (x-1500)×8/100+(21500-2x)×6/100 = 1270
5x/100+8(x-1500)/100+(21500-2x)6/100=1270
5x+8x-12000+129000-12x = 127000
x+117000 = 127000
x = 10000
money invested at 8%
=21500-2×10000
= 1500.
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Given the equation A (x) = 30 x 8.3 ^x, we can get the
initial amount of A when x is equal to zero. Therefore:
A (0) = 30 * 8.3^0
A (0) = 30
In this case the equation grows by 8.3 times as x increases.
Therefore the growth factor is 8.3.
Answers:
initial amount = 30
growth factor = 8.3
The answers are not in the given choices. I believe you are
giving the wrong equation. If the correct equation here is:
A (x) = 680 x 4.3 ^x
Then the answers are:
initial amount = 680
growth factor = 4.3
The answers are now in the choices given.
