Find the sum of the first 31 terms of the following series, to the nearest integer. 5,14,23,..
1 answer:
You might be interested in
First you need to c<span>onvert the given percentage into fraction by dividing it by 100 and removing percentage symbol (%).
Then you reduce the fraction into simplest forms.
Finally you write the </span> fraction turned simplest form to a ratio by writing
the numerator first,then the denominator.
Example:50%=
.
=1:2
Then you reduce the fraction into simplest forms.
Finally you write the </span> fraction turned simplest form to a ratio by writing
the numerator first,then the denominator.
Example:50%=
=1:2
Given:
The rate of interest on three accounts are 7%, 8%, 9%.
She has twice as much money invested at 8% as she does in 7%.
She has three times as much at 9% as she has at 7%.
Total interest for the year is $150.
To find:
Amount invested on each rate.
Solution:
Let x be the amount invested at 7%. Then,
The amount invested at 8% = 2x
The amount invested at 9% = 3x
Total interest for the year is $150.
Multiply both sides by 100.
Divide both sides by 50.
The amount invested at 7% is .
The amount invested at 8% is
The amount invested at 9% is
Thus, the stockbroker invested $300 at 7%, $600 at 8%, and $900 at 9%.
