Answer: 61.92751306414704
Step-by-step explanation:
Answer:
- 7% interest = $10,000
- 13% interest = $20,000
Step-by-step explanation:
First find out what an 11% return on $30,000 is.
= 11% * 30,000
= $3,300
Use simultaneous equations.
Assume the amount to be invested in to make a 7% interest is x and the amount for a 13% interest is y.
0.07x + 0.13y = 3,300
x + y = 30,000
y = 30,000 - x
0.07x + 0.13 (30,000 - x) = 3,300
0.07x + 3,900 - 0.13x = 3,300
0.07x - 0.13x = 3,300 - 3,900
-0.06x = -600
x = -600 / -0.06
x = $10,000
y = 30,000 - x
= 30,000 - 10,000
y = $20,000
Answer:
135
Step-by-step explanation: Multiply 160 by 0.85(for 85%) and you get 135
Answer:
k=135
Step-by-step explanation:
180=45+k
-45 -45
_________
135=k
Answer:
21w
Step-by-step explanation: