What is the mean for this set of data? 14 62 35 38 58 46 62 A. 45 B. 46 C. 48 D. 62
1 answer:
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Let the amount invested with 5% interest be x
Therefore, the amount invested with 6% interest will be (6000-x)
It is given that the total interest earned yearly is $337.5. Thus, the equation of interest will be:
Multiplying both sides by 100 we get:
Subtracting both sides by 36000 we get:
Thus, the amount invested at 5% is $2250
Therefore, the amount invested at 6% will be $(6000-2250)=$3750
Answer: 1/40 or .025
See the attached image for the explanation.
Hope this helps! Please make me the brainliest, it’s not necessary but appreciated, I put a lot of effort and research into my answers. Have a good day, stay safe and stay healthy.
See the attached image for the explanation.
Hope this helps! Please make me the brainliest, it’s not necessary but appreciated, I put a lot of effort and research into my answers. Have a good day, stay safe and stay healthy.