Okay so divide 56 by 14 and so x = 4
The amount invested in the account that yields 7% interest is $4000.
The amount invested in the account that yields 12% interest is $1000.
<h3>What are the linear equations that represent the question?</h3>
a + b = 5000 equation 1
0.07a + 0.12b = 400 equation 2
Where:
a = amount invested in the account that yields 7% interest.
b = amount invested in the account that yields 12% interest.
<h3>How much is invested at each rate?</h3>
Multiply equation 1 by 0.07
0.07a + 0.07b = 350 equation 3
Subtract equation 3 from equation 2
0.05b = 50
b = 50 / 0.05
b = 1000
Subtract 1000 from 5000: 5000 - 1000 = 4000
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Since the value is taken from a population, the value is a parameter.
<h3>Parameter and Statistic:</h3>
- If the information is taken from a sample, it is called a statistic.
- If the information is taken from a population, it is called a parameter.
For this problem, the students of the class are the population, as all students are considered for the calculator of the mean, hence the value is a parameter.
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Answer:
D)18,400
Step-by-step explanation:
Answer: no the two blended interest rates are the same
Step-by-step explanation:
