10,368+2,832=13,200
13,200×2=26,400
Answer:
(1)
compound amount = 802.5 $
invest earned = 52.5 $
Step-by-step explanation:
total amount = 10000 $
let amount x invested in ventures A and remaining (1000-x) on ventures B
now,
6x/100 +23/400(1000-x ) = 588.75
{24x+23(1000-x)}/400 =588.75
x=235500-230000
x=5500
Amount invested on A = 5500$
Amount invested on B = 4500$
(2)
principle=750$
time= 1 year
effective invest rate = 7%
a) compound amount = p(1+(r/w)^t
=750{1+(7/100)}^1
=802.5$
b) invest earned = 802.5-700 = 52.5$
Answer:
it 100 you would do 20%of 500 and you 100
Step-by-step explanation:
