3.38 ~ 3.4
Answer : $3.40
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The amount of money that Phyllis invested at each given rate of 4 and 6 percent is = $394.57 and $591.86 respectively.
<h3>Calculation of the total capital invested</h3>
The time the investment lasted= 12 years.
Simple interest = 1579.05 - 800= $779.05
The principal capital= $800
Rate of the both capital invested;
= SI × 100/P ×T
= 779.05 × 100/800 × 12
= 77,905/9600
= 8.11%
To find the amount of money that Phyllis invested at each given rate,
Rate 1 = 4/8.11× 800
= 3200/8.11
= $394.57
Rate 2 = 6/8.11× 800
= 4800/8.11
= $591.86
The amount of money that Phyllis invested at each given rate of 4 and 6 percent is = $394.57 and $591.86 respectively.
Learn more about simple interest here:
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Answer:
StartFraction 12 n over r EndFraction or A
Step-by-step explanation:
Answer: Option a.
Step-by-step explanation:
1. The sequence shown in the problem is a Geometric sequence, because it has a common ratio. This means that when you multiply one of those numbers by the common ratio, you obtain the next number.
2. Then, you can calculate the common ratio as following:

3. Therefor, the next term is:
