Let the first investment be x
and second be 3000-x
so 3%of x + 4% of (3000-x) = 107
By solving x = 1300
First investment is 1300
second investment is 1700
D because the y-intercept is at -5 like shown in the equation, and the slope equals to 1, and I do believe that the bold line means that it is less than or equal to, just like the equation says.
The probability that the monthly payment is more than $1000 will be found as follows;
The payment is normally distributed, thus the z-score will be given by:
Z-score=(x-Mean)/(SD)
Mean=$982
SD=$180
Thus;
Z-score=(1000-982)/180=0.1
The probability associated with a z-score of 0.1 is 0.5398
Thus the probability that the monthly payment is more than $1000 will be:
P(x<1000)=1-0.5398=0.4602=46.02%
336 is the amount of eggs that will be cooked
