A credit card company charges a customer $18 interest on a $90
1 answer:
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Answer:
Short-Term investment: 5000$
Intermediate-Term investment: 65000$
Long-Term investment: 30000$
Step-by-step explanation:
To construct our first equation lets define sort-term bond investment as x, long-term investment as y.
So the equation is:
From the equation it is found that:
Instead of y, if we put 25000+x the equation will be as following:
From the equation it is found that:
Short-Term investment is 5000$
Long-Term investment is 30000$
Rest of the money is Intermediate-Term investment 65000$