0.6+1.9= 2.5 is the result.
To do this you would first calculate the 4% commission:
0.04 *8000 = 320.
And then the 8% commission:
0.08 * (9000 - 8000) = 80.
Now you add the two values together to get the answer, 320 + 80 = 400.
Your commission would be $400.
Hope this helps.
Answer:
1- Opposite
2- Adjacent
Step-by-step explanation:
Coplanar
do not intersect
answer is paralell lines
Answer:
$12 000 in Portfolio 1 and $13 000 in Portfolio 2
Step-by-step explanation:
The formula for simple interest is
I = Prt
For each portfolio, t = 1 yr
For Portfolio 1, i = 5.25 % = 0.0525
For Portfolio 2, i = 4 % = 0.04
Let x = amount invested in Portfolio 1. Then
25 000 - x = amount invested in Portfolio 2 and

25 000 - x = 25 000 - 12 000 = 13 000
So, $12 000 is invested in Portfolio 1 and $13 000 is invested in Portfolio 2.
Check:

OK.