GUYS, PLEASE HELP!!! THIS IS REALLY NEEDED! (20 POINTS!)
1 answer:
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Answer:
$2000 was invested at 5% and $5000 was invested at 8%.
Step-by-step explanation:
Assuming the interest is simple interest.
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned.
- P = principal invested.
- r = interest rate (in decimal form).
- t = time (in years).
Given:
- Total P = $7000
- P₁ = principal invested at 5%
- P₂ = principal invested at 8%
- Total interest = $500
- r₁ = 5% = 0.05
- r₂ = 8% = 0.08
- t = 1 year
Create two equations from the given information:
Rewrite Equation 1 to make P₁ the subject:
Substitute this into Equation 2 and solve for P₂:
Substitute the found value of P₂ into Equation 1 and solve for P₁:
$2000 was invested at 5% and $5000 was invested at 8%.
Learn more about simple interest here:
The graph that shows a unit rate of 3/4, which is the time Cindy reads while riding in the car is the graph attached below.
<h3>What is Unit Rate?</h3>Unit rate can be described as a constant or exactly how much of one quantity is per 1 unit of another quantity.
Unite rate (k) = x/y.
In the graph attached below, when x (hours driving) = 3, y (hours reading) = 4.
Therefore, unit rate = 3/4. We can then conclude that the graph that shows that Cindy reads 3/4 of the time she rides in a car is the graph attached below.
Learn more about unit rate on:
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