Hope you could understand.
If you have any query, feel free to ask.
Answer:
x 0.4
Step-by-step explanation:
Isolate the variable by dividing each side by factors that don't contain the variable.
Answer:
54
Step-by-step explanation:
x-1=3
2xy=24
3+24=27
27·2=54
Answer:
$13,200
Step-by-step explanation:
You need to use the simple interest formula
I = P * r * t
I = Interest accrued
P = Principal amount invested
r = Interest rate you need to divide by 100 to get it in decimal form
t = time, in years if you are given a partial year, divide the months by 12
P = $12,000
r = 7.5% = .075
t = 1
But, because we want I to equal $990 then I is
I = $990
So we ignore our P and instead solve for the P that will give us the desired result.
I = P * r * t
$990 = P * .075 * 1
$990 = P.075 Divide each side by .075
$990/.075 = P.075/.075
$990/.075 = P
$13,200 = P
So, to earn an annual interest income of $990, $13,200 will have to be invested in the 7.5% bond.
C is your answer. Because 8 times 1.75$ = $14.00 and 5 times 1.25= $6.25. So $14.00+ $6.25 = $20.25
