Answer:
$2000 was invested at 5% and $5000 was invested at 8%.
Step-by-step explanation:
Assuming the interest is simple interest.
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned.
- P = principal invested.
- r = interest rate (in decimal form).
- t = time (in years).
Given:
- Total P = $7000
- P₁ = principal invested at 5%
- P₂ = principal invested at 8%
- Total interest = $500
- r₁ = 5% = 0.05
- r₂ = 8% = 0.08
- t = 1 year
Create two equations from the given information:


Rewrite Equation 1 to make P₁ the subject:

Substitute this into Equation 2 and solve for P₂:





Substitute the found value of P₂ into Equation 1 and solve for P₁:



$2000 was invested at 5% and $5000 was invested at 8%.
Learn more about simple interest here:
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I can answer the first four
1 is 40%
2 is 60
3 is $1.35
4 is 6%
The first step of simplifying the expression would be summing up the "i"s. They are separate ("+i" and "+5i") but you can still sum them up though they are apart. This is thanks to the commutative property of addition which allows summing the terms of an expression with several additions in whatever order it is prefered. Commutative means that the terms can be interchangeable.
Answer:
4 because 5 times 4 is 20 and 3 times 4 is 12