Answer:
$6750 in the bank account and $20,250 in the stock fund
Step-by-step explanation:
If B is the money they put in the bank and S is the amount they put in the stock fund, then:
B + S = 27000
1.024 B + 1.072 S = 1.06 × 27000
Solving the system of equations:
1.024 (27000 − S) + 1.072 S = 28620
27648 − 1.024 S + 1.072 S = 28620
0.048 S = 972
S = 20250
B = 27000 − S
B = 6750
They should put $6750 in the bank account and $20,250 in the stock fund.
W=4 that the answer !!!!!
Answer:
An Algebraic Expression that models the situation is 
Step-by-step explanation:
Beginning balance of Jennifer=$4750
Now she deposits a paycheck = p
So, New balance = 4750+p
Now she writes a check = c
Remaining balance = 4750+p-c
Now she writes a check = d
Remaining balance = 4750+p-c-d
Now refunded some money (r) for returning a pair of shoes she bought.
New balance = 4750+p-c-d+r
Hence an Algebraic Expression that models the situation is
Answer:
$200
Step-by-step explanation:
To find Jeff's net worth, we will deduct all his debts (liabilities) from his assets (his properties).
ASSETS
Savings Account - $6000
Investments - $15000
Guitar - $1000
TOTAL - $22000
LIABILITIES
Student loans - $17000
Credit Card Debt - $1200
Outstanding car payment - $3600
TOTAL - $21800
NET WORTH = Assets - Liabilities
NW = $22000 - $21800
NW = $200
His net worth is $200.
