Let x be the amount of money, you fund in Fund A and y be the amount of mone yyou fund in Fund B.
1. You have 250,000 In an IRA at the time you retire and want to invest this money into Funds A and B, then

2. Fund A pays 1.2% (as a decimal 1.2% is 0.012) annually, then
is annual interest income in Fund A.
Fund B pays 6.2% (as a decimal 6.2% is 0.062) annually, then
is annual interest income in Fund B.
Since Fund A and Fund B produce an annual interest income of $8,000, then

3. Solve the system of equations:

Express x from first equation
and substitute it into the second equation

Multiply this equation by 1000:

Then

Answer: you have to fund $150,000 in Fund A and $100,000 in Fund B.
Answer:
138 hard working elfs
Step-by-step explanation:
the 46% of 300 is 138
Answer:
what? I don't understand lol
Neither...
205/1000 equals .205
So they are both the same.
Hope this helps -J
Answer:
Adult= $11
Children = $7.5
Step-by-step explanation:
Let x represent adult ticket and y represent children ticket
2x + 3y= 44.50........equation 1
3x + 6y= 78........equation 2
From equation 1
2x + 3y= 44.50
2x= 44.50-3y
x= 44.50-3y/2
Substitute 44.50-3y/2 for x in equation 2
3x+ 6y= 78
3(44.50-3y/2) + 6y= 78
66.75- 4.5y +6y= 78
66.75 + 1.5y= 78
1.5y= 78-66.75
1.5y= 11.25
y= 11.25/1.5
y = 7.5
Substitute 7.5 for y in equation 1
2x + 3y = 44.50
2x + 3(7.5)= 44.50
2x + 22.5= 44.50
2x = 44.50-22.5
2x= 22
x= 22/2
x= 11
Hence the price of adult ticket is $11 and the price of children ticket is $7.5