The annual interest that can be earned through investment of an amount at a simple interest can be calculated through the equation,
I = P x (i)
where I is interest, P is the principal amount, and i is the decimal equivalent of the interest.
Let x be the amount deposited with 3.5% interest. With this representation, the amount deposited with 5.5% is 5800 - x.
The linear equation that would represent the given scenario is,
x(0.035) + (5800 - x)(0.055) = 283
Simplifying the equation,
0.035x + 319 - 0.055x = 283
Combining like terms,
-0.02x = -36
Dividing by -0.02,
x = 1800
$5800 - x = $5800 - $1800 = y
y = $4000
Hence, the value that should be deposited to the 5.5% is $40000.
Answer:
Answer is D. Increase his output.
Refer below.
Step-by-step explanation:
Mark owns a cattle ranch near Hugo, Oklahoma. Mark is currently producing beef at an output level where marginal revenue exceeds marginal cost. In order to
maximize his profit, Mark should increase his output.
Answer:
If this is solving for a hypotenuse, the answer is 8.
Step-by-step explanation:
a^2 + b^2 = c^2
6^2 b^2 = 10^2
36 + b^2 = 100
100 - 36 = 64
The square root of 64 is 8.
276400(0.035) = $9674 the equivalent value in dollar for every increase in the house then multiplied by 25. $9674*(25) = $241850 + the current value of Alex's home. $276400+ $241850 = $518250 that would be the value of Alex's home in 25 years. The percentage is (518250-276400)/ 276400 =0.875 *100 = 87.5 % increase in value. I hope this would help.
