Ben owns a townhome valued at $ 195,000, but still owes $120,000 on the loan. Ben has $5,000 in savings and balance of $1,400 on
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Answer:
Amount invested at 8% is $9000 and amount invested at 18% is $21000.
Step-by-step explanation:
Let amount invested at 8% be x.
Let amount invested at 18% be y.
We get the 1st equation as:
........(1)
We get the second equation as:
=>
or getting rid of the decimal by multiplying by 100 on both sides.
........(2)
Multiplying (1) by 8 and subtracting from (2) we get
So, y = 21000
And
So, x = 9000
Therefore, amount invested at 8% is $9000 and amount invested at 18% is $21000.
<u>Given</u>:
If you are dealt 4 cards from a shuffled deck of 52 cards.
We need to determine the probability of getting two queens and two kings.
<u>Probability of getting two queens and two kings:</u>
The number of ways of getting two queens is
The number of ways of getting two kings is
Total number of cases is
The probability of getting two queens and two kings is given by
Substituting the values, we get;
Simplifying, we get;
Thus, the probability of getting two queens and two kings is 0.000133