Let the amount invested with 5% interest be x
Therefore, the amount invested with 6% interest will be (6000-x)
It is given that the total interest earned yearly is $337.5. Thus, the equation of interest will be:
Multiplying both sides by 100 we get:
Subtracting both sides by 36000 we get:
Thus, the amount invested at 5% is $2250
Therefore, the amount invested at 6% will be $(6000-2250)=$3750
Answer:
Step-by-step explanation:
PEMDAS
anything done in the parentheses comes first
so you have to add first then multiply
this is not the distributive property unless the two numbers in parentheses are not like terms
Answer:
8
Step-by-step explanation:
length = 4
width= 2
4 x 2 = 8
Just count the squares like you would normally do to a rectangle and do the area like you would normally do with a rectangle
Answer:
The correct answer is C. 8.15%.
Step-by-step explanation:
Given that Natasha is a bank teller, and she received a 5% raise last year and a subsequent merit raise of 3% this year, to determine what is the accumulative or compound effect of these two raises as a percentage, the following calculation must be performed, assuming, as an example, that her starting salary was $ 2,000:
(2,000 x 1.05) x 1.03 = X
2,100 x 1.03 = X
2,163 = X
2,000 = 100
2,163 = X
2,163 x 100 / 2,000 = X
216,300 / 2,000 = X
108.15 = X
108.15 - 100 = 8.15
Thus, the compound effect of both salary increases is a salary increase of 8.15%.
