Answer:
- $17,500 at 14%
- $16,000 at 12%
Step-by-step explanation:
Let x represent the amount loaned at 14%. Then the total interest earned is ...
0.14x +0.12(33,500 -x) = 4,370
0.02x = 350 . . . . . . . . . . subtract 4020 and simplify
x = 17500 . . . . . . . . . divide by 0.02
The amount loaned at 12% is $33,500 -17,500 = $16,000.
$17,500 was loaned at 14%
$16,000 was loaned at 12%
Word form: Two hundred fifty-three thousandths and Fraction Form: 253/1000 Hope this helps you out!
0,-8 are the coordinates of the vertex.
Answer:
2x+9 is the equation
x = 10.5
Step-by-step explanation:
2x + 9 = 30
2x = 30 - 9 = 21
x = 21 ÷ 2 = 10.5
Hope this helps!
Answer: B) A = 750(1.04)ⁿ
<u>Step-by-step explanation:</u>
The formula for compounded annually is: A = P(1 + r)ⁿ where
- A (amount accrued) = <em>unknown</em>
- P (amount invested) = $750
- r (interest rate) = 4% -->(0.04)
- t (time in years) = <em>unknown</em>
A = 750(1 + 0.04)ⁿ
= 750(1.04)ⁿ
