If the amount Damien deposits into the Bank of Chance is x, then the amount he deposits into the Merchant Bank is 3*x (as he deposits 3 times as much there). Since 3*x+x=4x, and we know that Utopian Financing's deposit is 20% (or 0.2 by moving the decimal in 20.00 2 places over to the left), 4x*0.2=0.8x=amount he invests in Utopian Financing. Adding them all up, we get x+3x+0.8x=1200=4.8x. Dividing both sides by 4.8, we get 1200/4.8=x=
250 dollars invested in the Bank of Chance. To find 0.8 of 250, we multiply the two to get 0.8*250=200=amount invested into Utopian Financing
Hey there!
A common ratio is just that number that you multiply or divide to each number that gets you the next in a geometric sequence. In this sequence, we know the numbers are getting bigger and we're multiplying, so we want to know what you're multiplying by the first number to get to the second. We can call this unknown number x. SO if we start with the first number and set up an equation, we get:
3x = 12
Divide both sides by 3
x = 4
Therefore, your common ratio is 4.
To check, you can multiply all the next numbers by 4 to see that it all checks out.
Hope this helps!
Answer:
7.5 ?
Step-by-step explanation:
Answer:
216000
Step-by-step explanation:
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