If the amount of money you invested in the first fund is x and the second fund y, then 9% (or 0.09 by moving the decimal 2 spots)*x+0.03*y=1047 since the first fund paid 9% and the second 3%. In addition, for this year, we get
0.1*x+0.01*y=811.
We also have 0.09*x+0.03*y=1047, so we can multiply the top equation by -3 and add it to the second to get -0.21x=-1386. Dividing both sides by -0.21, we get x=6600. In addition, since 0.1*x+0.01*y=811, we can plug 6600 in for x to get 660+0.01*y=811 and by subtracting 660 from both sides we get 0.01*y=151. Multiplying both sides by 100 (since 0.01*100=1), we get y=15100
He would have a total of: $1639.09
In intrest alone he would've made 1639.09
Step-by-step explanation:
3%= 0.03
- The first thing you do is multiply $1,500 by the %3 (0.03).
- When your done multiplying, you should get 45.
- Then you repeat the process over, two more times. However the numbers will change.
Answer:
but please give me and please mark me as
<span>Triangle ACD is similar to triangle ABD</span>
The answer is 0.73 because in 0.975 the value of digit 7 is 7/100 ,10 times of 7/100 is 7/10 and the value of 7 in 0.73 is 7/10 ;.tenth value.
