The following information will help us with this problem:
When we use that information in the context of this problem, we can find:
Thus, a = 15, b = 7, and c = 4.
How old am I if 400 reduced by 3 times my age is 241
2 answers:
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She invested $ 50000 at 1.5% rate and $ 90000 at 4% rate.
<u><em>Explanation</em></u>
Total amount of winnings = $ 200000
She first paid income tax on 30% on the winnings. So, the amount paid as income tax dollar.
<u>Remaining amount</u> = $ 200000 - $ 60000 = $ 140000
Suppose, she invested dollar at 1.5% rate.
That means, she invested dollar at 4% rate.
Given that, the total amount of interest earned = $ 4350
So, the equation will be.....
So, amount of investment at 1.5% rate = $ 50000
and amount of investment at 4% rate = $ 140000 - $ 50000 = $ 90000