Help please I'm horrible at math. Please help!!
1 answer:
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Answer:
The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
Let
x ------> the amount of money that should be invested at the rate of 5.25%
25,000-x -----> the amount money that should be invested at the rate of 4%
in this problem we have
substitute in the formula above
Solve for x
therefore
The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000
Answer:
look above
Step-by-step explanation:
hope it helps
The picture with the complete question is attached below :
Answer:
In Step 2, 90 should be multiplied by the quantity 10 – 12, not by 10
Step-by-step explanation:
90 * x - 90 * 12 = 90(x - 12)
From the question, x = 10
Hence,
90(10 - 12)
(90* 10) - (90 * 12) - - - > correct evaluation
900 - 1080
= - 180
Hence, both values in the bracket, that is 10 and - 12 should be multiplied by 90. Not just 10 alone.
