The amount in the passbook account is $11,000 and the money in the money market account is $8000
Let:
a represent the unknown amount in the passbook account
b represent the unknown amount in the money market account
From the question, the following information can be gathered:
- The money in the passbook account exceeds the amount in the money market account.
This information can be represented with this equation : a - b = 3000
- The interest paid on the passbook account exceeds the interest paid on the money market account.
This information can be represented with this equation : 0.08a - 0.10b = 80
The two equations gotten above would be solved using simultaneous equation and the elimination method
a - b = 3000 equation 1
0.08a - 0.10b = 80 equation 2
Multiply equation 1 by 0.08
0.08 - 0.08b = 240 equation 3
Subtract equation 2 from 3
0.02b = 160
Divide both sides of the equation by 0.02
b = 8000
Substitute for b in equation 1
a - 8000 = 3000
Add 8000 to both sides
a = 11,000
To learn more about simultaneous equations, please check: brainly.com/question/23589883?referrer=searchResults
Answer:
0.5289 to the nearest thousandth is 0.529.
Step-by-step explanation: If a number is less than 5, round down, but if a number is 5 or more, round up. The digit after the thousandths place is the digit we should look at to answer the question and it is 9, so we round up from 0.528 or 0.529. So, the answer is 0.529.
55.76-50.38=4.38 inches of rainfall
Your welcome =)
difference= subtraction
Answer:
a = 2b/3−1/3
Step-by-step explanation:
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