Let the amount invested with 5% interest be x
Therefore, the amount invested with 6% interest will be (6000-x)
It is given that the total interest earned yearly is $337.5. Thus, the equation of interest will be:
Multiplying both sides by 100 we get:
Subtracting both sides by 36000 we get:
Thus, the amount invested at 5% is $2250
Therefore, the amount invested at 6% will be $(6000-2250)=$3750
<em><u>Question:</u></em>
Juan Invest $3700 In A Simple Interest Account At A Rate Of 4% For 15 Years. How Much Money Will Be In The Account After 15 Years?
<em><u>Answer:</u></em>
There will be $ 5920 in account after 15 years
<em><u>Solution:</u></em>
<em><u>The simple interest is given by formula:</u></em>
Where,
p is the principal
n is number of years
r is rate of interest
From given,
p = 3700
r = 4 %
t = 15 years
Therefore,
<em><u>How Much Money Will Be In The Account After 15 Years?</u></em>
Total money = principal + simple interest
Total money = 3700 + 2220
Total money = 5920
Thus there will be $ 5920 in account after 15 years
Answer:
I got x = 1
Step-by-step explanation:
First to isolate the variable you add 3 to both sides which will give you 1/2x is less than or equal to 2. Then divide both sides by 1/2 and you will get x = 1. To check the answer I just did:
And since -2.5 is less than -1 this statement is true. x does in fact equal 1
Answer:
x = - 6
Step-by-step explanation:
Given
x + 5 = 1 ( subtract 5 from both sides )
x = - 4
Multiply both sides by 3 to clear the fraction
2x = - 12 ( divide both sides by 2 )
x = - 6