Ralph chase invested $85000 at an interest of 10% and $70000 at an interest of 8%
<h3>What is an
equation?</h3>
An equation is an expression that shows the relationship between two or more numbers and variables.
An independent variable is a variable that does not depends on other variable while a dependent variable is a variable that depends on other variable.
Let a represent the amount invested at interest of 10% and b represent the amount invested at 8%, hence:
a + b = 155000 (1)
Also:
0.1a + 0.08b = 14100 (2)
From both equations:
a = 85000, b = 70000
Ralph chase invested $85000 at an interest of 10% and $70000 at an interest of 8%
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Answer:
1/3 AMOSC T.rhecc
Step-by-step explanation:
Answer: 0.375
Step-by-step explanation:
Hey there! If you have any questions feel free to leave them in the comments below.
To find the answer you would divide the numerator by the denominator.
would be equal to 0.375
~I hope I helped you :)~
First one is $16 and the second is $276.25