Plz help me I have more questions coming up
1 answer:
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Answer:
Change per week: $20
Starting amount of money: $550
Step-by-step explanation:
<u>Given equation</u>:
where:
- x = number of weeks
- y = total account balance
<u>Change per week</u>
As the variable x represents the number of weeks, its coefficient represents the change per week in the amount of money.
Therefore, the change per week in the amount of money in the account is $20.
<u>Initial Balance</u>
The starting amount of money in the account (initial balance) will be the value of y when x = 0:
Therefore, the starting amount of money in the account is $550.
Answer:
The answer to the question is
She invested
Php2700.00 at 8 % and
Php 20,400.00 at 11 %
Step-by-step explanation:
To solve the question we note that
Simple interest is given by where
P= Principal, R = Rate and T = Time
If we call the first part P₁, T₁, and R₁ and the second part
P₂, T₂, and R₂
Then
= 2700×0.08×1 + P₂×0.11×1 = 2460 which gives
2244÷0.11 = P₂ or P₂ = Php 20,400.00
That is she invested
Php2700.00 at 8 % and
Php 20,400.00 at 11 %