Answer: Liza invested $15000 at 3% and $30,000 at 4%
Step-by-step explanation:
Let x be the amount invested by Liza at 3% interest then the amount she invested in 4% interest will be 2x.
We know that the compound interest with principal P is give By
, where n is the number of period.
Now, interest earned in 3% (in decimal 0.03) account in 1 year is given by:-
Similarly, interest earned in 4% (in decimal 0.03) account in 1 year is given by:-
According to the question,
Also, 2x=2(15000)=30000
Therefore, Liza invested $15000 at 3% and $30,000 at 4% .
Answer:
The second one
Step-by-step explanation:
Answer:
Write an equation that models the relationship between these variables. ... On Patricia's dairy farm, her cows produce an average of 3.8 gallons of milk per ... Define variables for the number of gallons of milk produced and the ... of milk produced. AND let in represent the number of minutes spent milking.
Step-by-step explanation: now you try