Answer:
1
Step-by-step explanation:
Answer:
Sam invested $1200 at 8% and $600 at 6%
Step-by-step explanation:
A linear system with two equations can be modeled from the information given. Let 'x' be the amount invested at 8% and 'y' the amount invested at 6%
The sum of both amounts invested at an 8% rate and 6% rate equals 1800
The yearly income on the 8% investment was $24 more than twice the income from the 6%
Solving the linear system:
Sam invested $1200 at 8% and $600 at 6%
Answer:
2ND SLIDE(ORANGE)
Step-by-step explanation:
1. 2x+90=180; x=45
2. 2x+88=180; x=46
3. 3x+15=180; x=55
Answer:
244.13 * 48 months = 11,718.24
Therefore, the total interest is 1,718.24
Step-by-step explanation: