Answer:
- $17,500 at 8%
- $17,500 at 14%
Step-by-step explanation:
The fraction that needs to be invested at the higher rate is ...
(11% - 8%)/(14% -8%) = 3%/6% = 1/2
Half the money should be invested at each of the rates:
$17,500 for 8% return
$17,500 for 14% return.
_____
If you let x represent the amount at the higher rate, then the total return is ...
14%x + 8%(35000 -x) = 11%(35000)
(14% -8%)x = (11% -8%)(35000) . . . . subtract 8%·35000
x = (11% -8%)/(14% -8%)×35000 . . . . divide by the coefficient of x
Note that this formula is exactly the one we started with, above.
5 times amount of people has to be bigger than 2112
5(133+v)≥2112
distribute
665+5v≥2112
minus 665 from both sides
5v≥1447
divide both sides by 5
v≥289.4
yo can't have 0.4 volunterer
v≥290
has to have at least 290 volunteers
The radius of a circle is half the length of the diameter so
radius=1.5m
Answer:
$187,244
Step-by-step explanation:
$68,000 annual salary + 3.15% commission + fee of $4.25 per transaction
$68,000 + 0.0315 * $3,600,000 + $4.25 * 1,375 =
= $187,243.75
Answer: $187,244
