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lawyer [7]
3 years ago
13

A total of $60,000 was invested for one year. But of this amount earned simple annualinterest at the rate of x percent per year,

and the rest earned simple annual interest at therate of y percent per year. If the total interest earned by the $60,000 for that year was$4,080, what is the value of x?
Business
1 answer:
Gekata [30.6K]3 years ago
8 0

Answer:

what is the value of x?

X=6,8%

Explanation:

F = P ( 1 + i * n )

FV=64080

PV=60000

N=1

x=i%

64080=60000+60000X

4080=60000x

X=0,068

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Answer:

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