Answer:
7000 in the account that paid 9% interest rate and 3000 in the account that paid 8% interest rate
Step-by-step explanation:
Let $x be invested in account 1 and $(10000-x) in the second account
Then, 870=x*9/100+(10000-x)*8/100
x=$7,000.
Answer:
Step-by-step explanation:
____
Good evening ,
______________
Look at the photo below for the answer.
:)
Answer:
$38.64
Step-by-step explanation:
so the equation needed to solve is $56*0.25 and that number is 14. Since it is a coupon you subtract 14 from 56 and end up with 42. Now multiply 0.08*42 and you got your sales tax, $3.36. now subtract that from 42 and you have your answer! Don't forget the dollar sign!
hope this helped! : )
Answer:
The final balance is $265.24.
The total compound interest is $25.24.
