Skippy should invest $ 7500 in account offering 4 % interest and $ 2500 in account offering 8 % simple interest
<em><u>Solution:</u></em>
Given that Skippy has a total of $10,000 to split between two investments
One account offers 4% simple interest, and the other account offers 8% simple interest
Total interest earned = 500
Number of years = 1
Let the principal with rate of interest 4 % is x
So the principal for rate of interest 8 % is 10000 - x
Total interest earned = simple interest for 4 % interest + simple interest for 8 % interest
Simple interest is given as:
Where "p" is the principal and "r" is the rate of interest and "n" is the number of years
Therefore,
Therefore skippy should invest $ 7500 in account offering 4 % interest
And skippy should invest (10000 - x) = (10000 - 7500) = $ 2500 in account offering 8 % interest
The graph the inequality would be a line with a y-intercept of -8 and a slope of 3. the region above the line would be shaded because of the greater than symbol.
Answer:b
Step-by-step explanation:
I took the text
I'm not completely sure but I think 87,935.205
Answer:
<em>45 minutes </em>
Step-by-step explanation:
We want to know how long it takes to an airplane to fly a distance of 375 miles, if the speed of the airplane is 500 miles per hour.
For this, we should divide the distance/speed to get the time that the plane needs.
T = 375mi/(500mi/h) = 0.75 hours
The plane needs 0.75 hours or 0.75*60 = 45 minutes to fly that distance.