The amount invested at 11% is $5,000
The amount invested in stock is $14,000
What is the net profit on both investments?
The profit of each investment is the rate of return or loss multiplied by the amount invested
Let us assume that x was invested at 11% and the remaining 19000-x was invested at a loss rate of 3%
net profit=(11%*x)+(19000-x)*-3%
net profit=130
130=(11%*x)+(19000-x)*-3%
130=0.11x-570+0.03x
130=0.14x-570
130+570=0.14x
700=0.14x
x=700/0.14
x=$5,000
Amount invested in stock=19000-x
Amount invested in stocks=19000-5000
Amount invested in stocks=$14,000
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Answer:6.66666666667
Step-by-step explanation:
The correct change would be $2.93
Hope this helps!!
For each x value, add 3 to get y values.
0+3=3
2+3=5
4+3=7
6+3=9
Final answers, respectively: 3,5,7,9
Answer:
P (5 , 8)
Step-by-step explanation:
P (x,y) partition A (x₁ , y₁) B (x₂ , y₂) into ratio AM:MB = a:b = 2:1 ... a=2 , b=1
x = (bx₁ + ax₂) / (a+b)
= (1 * 3 + 2 * 6) / (2 + 1)
= 15/3
= 5
y = (by₁ + ay₂) / (a+b)
= (1 * 4 + 2 * 10) / (2 + 1)
= 24/3
= 8
P (5 , 8)
