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Answer: he invested $46062.5 at 6% and $23031.25 at 10%
Step-by-step explanation:
Let x represent the amount which he invested in the account paying 6% interest.
Let y represent the amount which he invested in the account paying 10% interest.
He puts twice as much in the lower-yielding account because it is less risky.. This means that
x = 2y
The formula for determining simple interest is expressed as
I = PRT/100
Considering the account paying 6% interest,
P = $x
T = 1 year
R = 6℅
I = (x × 6 × 1)/100 = 0.06x
Considering the account paying 10% interest,
P = $y
T = 1 year
R = 10℅
I = (y × 10 × 1)/100 = 0.1y
His annual interest is $7370dollars. it means that
0.06x + 0.2y = 7370 - - - - - - - - - -1
Substituting x = 2y into equation 1, it becomes
0.06 × 2y + 0.2y = 7370
0.12y + 0.2y = 7370
0.32y = 7370
y = 7370/0.32
y = $23031.25
x = 2 × 23031.25
x = 46062.5
Answer:
Lucey reads 10 pages fewer than Carey.
<h3>Answer: independent </h3>
Reason:
Each cube doesn't affect the other one, which means that the probabilities are not altered. This is assuming that the cubes don't bump into each other when rolling on the table. So either there's enough space on the table, or they take turns one at a time.
<span>Ariel
deposited 100$ into a bank account. Each Friday she will withdraw 10% of the
money in the account to spend. Ariel thinks her account will be empty after 10
withdrawals. Do you agree? Explain
OK, my initial answer is YES. I agree.
Why? Let me show you the solutions
=> 100 dollars = the money of Ariel in the bank
=> 10% = he withdraw every Friday
10% of 100 is:
=> 100 / 10 = 10 dollars
Thus, after his 10th
withdrawal, his account will be empty.</span>