Answer:
Step-by-step explanation:
Answer:
A loss of 2 yards
Step-by-step explanation:
2-5-3+4=-2
Given:
The formula for total cost is

where, p is the price of item and s is the sales tax rate (as a percent).
You pay $14.77 for an item priced at $14.
To find:
The the tax rate.
Solution:
You pay $14.77 for an item priced at $14. So,
Total cost (T) = $14.77
Price of item (p) = $14
Putting T=14.77 and p=14 in given formula, we get



Multiply both sides by 100.

Divide both sides by 14.


Therefore, the tax rate is 5.5%.
Let x represent amount invested in the higher-yielding account.
We have been given that a man puts twice as much in the lower-yielding account because it is less risky. So amount invested in the lower-yielding account would be
.
We are also told that his annual interest is $6600 dollars. We know that annual interest for one year will be principal amount times interest rate.
, where,
I = Amount of interest,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
We are told that interest rates are 6% and 10%.


Amount of interest earned from lower-yielding account:
.
Amount of interest earned from higher-yielding account:
.

Let us solve for x.



Therefore, the man invested $30,000 at 10%.
Amount invested in the lower-yielding account would be
.
Therefore, the man invested $60,000 at 6%.