Answer:
Happy holidays to everyone!
Step-by-step explanation:
The answer is 49.5 for the variable c
Second point would be at (5,3)
Answer:
$6000
Step-by-step explanation:
Given the following :
Total planned amount to invest = 10,000 in two funds:
Fund A at rates 4.5% and
Fund B at 5% simple interest
Total Annual Interest should be = 480
What is the smallest amount you can invest in the 5% fund and still meet your objective?
Let ;
Investment in fund A = principal = a at 4.5%(0.045)
Investment in fund B = principal = (10000 - a) at 5%(0.05)
Simple interest = principal * rate * time
a + (10000 - a) = 10000
(a * 0.045) + (10000 - a) * 0.05 = 480
0.045a + 500 - 0.05a = 480
-0.005a = 480 - 500
-0.005a = - 20
a = 20 / 0.005
a = 4000
4000 at 4.5%
Investment in fund B = principal = (10000 - a)
(10,000 - 4000) = 6000
Answer:
1 and 5/6
Step-by-step explanation:
