Let x = amount invested in 2% CD and y = amount invested in 3% CD
x + y = 60000
0.02x + 0.03y = 1600
SOLVE THE 1st EQUATION FOR x AND SUBSTITUTE RESULT IN 2nd
0.02(60000 - y) + 0.03y = 1600
1200 - 0.02y + 0.03y = 1600
0.03y = 400
y = 13333.34
x = 46666.66
Answer:
One of the solution is 2
Step-by-step explanation:
The person that is not living within their means is Ella who has maxed out all three of her credit cards but pays the minimum balance each month.
<h3>What does it mean when a person is living above their means?</h3>
If a person is living above their means, the person is spending more money than they have. A person living above their means would most likely borrow in order to afford their lifestyle. A person living above their means would have no amount of savings.
To learn more about credit cards, please check: brainly.com/question/14716152
Answer:
9
Step-by-step explanation:
Given,
Side of square = 3 feet.
To find : Area of square = ?
Formula : -
Area of square = ( side )²
Area of square
= 3²
= 3 x 3
= 9 feet²
Therefore,
The unit of it's area will be 9 feet².