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GaryK [48]
3 years ago
15

Last year, Amanda had

Mathematics
1 answer:
nata0808 [166]3 years ago
5 0
Let $x be invested in the account that paid 5% simple interest.
Let $y be invested in the account that paid 10% simple interest.

The total invested is $10,000, therefore
x + y = 10000            (1)

The interest amounts earned are respectively
x*1*0.06 = 0.06x
y*1*0.10 = 0.10y

The total interest earned is $760, therefore
0.06x + 0.10y = 760     
Multiply through by 10 to obtain
0.6x + y = 7600              (2)

Subtract (2) from (1).
x + y - (0.6x + y) = 10000 - 7600
0.4x = 2400
x = $6,000
From )1), obtain
y = 10000 - 6000 = $4,000

Answer:
$6,000 in the account paying 6% simple interest, and
$4,000 in the account paying 10% simple interest.
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3 years ago
If six times a certain number is added to eight, the result is 32.which of the following equations could be used to solve the pr
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3 years ago
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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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5 0
3 years ago
Khalid invests $500 in an account that earns 1.5% interest per year, compounded annually. Which of the following is
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<h2>D.  Geometric Sequence </h2>

For your question: "Khalid invests $500 in an account that earns 1.5% interest per year, compounded annually. Which of the following is

formed by the amount in his account from year to year?"

The geometric sequence is formed.

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