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Reil [10]
3 years ago
6

Jake received a student loan for $12,000. He plans on paying off the loan and five years. At the end of five years, Jake will pa

id $3600 in interest. What is the simplest interest rate on the student loan?
Mathematics
1 answer:
Nady [450]3 years ago
4 0
8000 dollars is the answer I think it is
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An investor invested a total of $2,800 in two mutual funds. One fund earned 5% profit while the other earned 3% profit. If the i
Natasha_Volkova [10]

Answer:

The amount invested in the mutual fund that earned 5% was $1,000

The amount invested in the mutual fund that earned 3% was $1,800

Step-by-step explanation:

Let

x ----> the amount invested in the mutual fund that earned 5%

y ----> the amount invested in the mutual fund that earned 3%

we know that

x+y=2,800 ----> y=2,800-x ----> equation A

5\%=5/100=0.05

3\%=3/100=0.03

0.05x+0.03y=104 ----> equation B

Solve the system by substitution

substitute equation A in equation B

0.05x+0.03(2,800-x)=104

Solve for x

0.05x+84-0.03x=104

0.05x-0.03x=104-84

0.02x=20

x=\$1,000

<em>Find the value of y</em>

y=2,800-x

y=2,800-1,000=\$1,800

therefore

The amount invested in the mutual fund that earned 5% was $1,000 and the amount invested in the mutual fund that earned 3% was $1,800

5 0
3 years ago
I don't get it at all could you go step by step with me
Elodia [21]
Okay, so if e=110, then so does c, because they are Alternate Interior angles. If c=110, then so does a, because they are Alternate Exterior. Angles a and b are on a straight line, which equals 180 altogether, and 180-110 is 70, so the measure of angle b is 70.

Hope this helps ya
3 0
3 years ago
Read 2 more answers
yul has lunch at a restaurant. If his bill is 14.50 and yul wants to leave 20% tip, what is the amount he should leave for the t
kodGreya [7K]
If you would like to know what is the amount of money Yul should leave for the tip, you can calculate this using the following steps:

20% of $14.50 = 20% * 14.50 = 20/100 * 14.50 = $2.9

Result: Yul should leave $2.9 for the tip.
6 0
3 years ago
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What is the denominator of 23/24
harina [27]
The denominator is 24 in the fraction
7 0
3 years ago
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I AM GIVING OUT BRAINLIST
Ede4ka [16]
Tenth place is the answer!! :))
8 0
2 years ago
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