Answer:
140
Step-by-step explanation:
1. 1,000x0.07=70
2.70x2 years=140
3. 140
I hope this was helpful! I have no idea if I got the right answer but goodluck!
Answer:
Step-by-step explanation:
m=1, (10,5)
y=mx+b
5=1(10)+b
5=10+b
b=-5
y=x-5
Answer:
Y=1 X=0
Step-by-step explanation:
Answer:
B. $200,000
Step-by-step explanation:
Let x be the amount placed at 5.5%
3x is the amount placed at 5%
This leaves the rest for the 4.5 % 500000- x - 3x = 500000-4x
Assuming simple interest
I = PRT where I is interest, P is principle, rate is rate and t is time
Interest for the 5.5% for 1 year is
I = x * .055 * 1 = .055x
Interest for the 5.% for 1 year is
I = 3x * .05 * 1 = .15x
Interest for the 4.5% for 1 year is
I = 500000-4x * .045 * 1 = 22500 - 0.18 x
Add the interest together to get the income for 1 year
.055x+ .15x+22500 - 0.18 x=25,000
Combine like terms
0.025x+22500=25000
Subtract 22500
.025x =2500
Divide by .025
x =100000
short term notes is 100000
3*x = 300000 = government bonds
The rest is utility bonds 500000- 100000-300000 = 100000
We want how much more in government bond than utility bond
300000 -100000 = 200000
