Assuming that the two investments are X & Y
X + Y = 6300
X = 6300 - Y (1)
9/100X + 4/100 Y = 372 (2)
replacing X from (1) into (2)
9/100(6300-Y) + 4/100 Y = 372
567 - 9/100Y +4/100Y = 372
(-9+4)/100Y = 372 - 567
5/100Y = -195
Y = 100*195/5 = 3900
From (1) we can get X
X = 6300 - 3900 = 2400
I hope this is helpful
Answer: $15385 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.8%. So
r = 7.8/100 = 0.078
It was compounded for 4 years. Therefore,
t = 4
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. The total amount is given as $21000. Therefore
21000 = P (1+0.078/12)^12×4
21000 = P (1+0.078/12)^48
21000 = P (1+0.0065)^48
21000 = P (1.0065)^48
P = 21000/1.365
P = $15385
Answer:
35
Step-by-step explanation:
All angles of a triangle add up to 180 degrees, so you can add the other two angles, then subtract by 180.
Answer: -2
(-5)(-1)x=(10)(-1)
5x = -10
x = -2
