Is six and three a function
1 answer:
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Answer:
Sum of money invested in corporate bonds = 30,000
Step-by-step explanation:
Total sum = 40,000
The rate of interest for corporate bonds = 10 % = 0.1
The rate of interest for municipal bonds = 6 % = 0.06
Total interest = 3600
Let sum of money invested in corporate bonds = x
The sum of money invested in municipal bonds = 40000 - x
× 0.1 × 1 + (
) × 0.06 × 1 = 3600
(0.1- 0.06) + 2400 = 3600
0.04 = 1200
= 30,000
Since x = sum of money invested in corporate bonds
So sum of money invested in corporate bonds = 30000
<h2>A. $123.51</h2><h2 />
: $24.48 per year + price * 0.85
: $36.83 per year + price * 0.75
Substitute each value into both equations as price.
A:
129.4635
129.4625
B:
98.158
101.84
C:
145.2055
143.3625
D:
155.703
152.615
A is the lowest value where the second value is lower than the first.