Answer:
- bonds: $18,000
- stocks: $6,000
Step-by-step explanation:
You have a total of $24,000 invested in stocks and bonds in the ratio 1 : 3. You want to know the amount invested in each category.
<h3>Ratio</h3>
Recognizing that the total number of ratio units is 1+3 = 4, and that total represents $24,000, we see that each ratio unit represents $24,000/4 = $6,000.
Multiplying the ratio by $6,000, we see the investment amounts are ...
stocks : bonds = 1 : 3 = $6,000 : $18,000
$6,000 is invested in stocks; $18,000 is invested in bonds.
If you do 2,400 x .12 you get 288
You then need to do 288 and divide it by 12 and you get 24.
Your answer should be A. $24.00
Answer:
$1.25
Step-by-step explanation:
This can best be determined using a set of linear equations that are solved simultaneously.
This pair of linear equations may be solved simultaneously by using the elimination method. This will involve ensuring that the coefficient of one of the unknown variables is the same in both equations.
Let the cost of a cookie be c, cost of a doughnut be d and that of a box of doughnut hole be h then if cost of 4 cookies, 6 doughnuts, and 3 boxes of doughnut holes is $8.15, we have
4a + 6d + 3h = 8.15
and the cost of 2 cookies, 3 doughnuts, and 4 boxes of doughnuts holes is $7.20 then
2a + 3d + 4h = 7.20
Dividing the first by 2
2a + 3d + 1.5h = 4.075
subtracting from the second equation
2.5h = 3.125
h = 1.25
The cost of a box of doughnut holes is $1.25
