Answer:
- $17,500 at 8%
- $17,500 at 14%
Step-by-step explanation:
The fraction that needs to be invested at the higher rate is ...
(11% - 8%)/(14% -8%) = 3%/6% = 1/2
Half the money should be invested at each of the rates:
$17,500 for 8% return
$17,500 for 14% return.
_____
If you let x represent the amount at the higher rate, then the total return is ...
14%x + 8%(35000 -x) = 11%(35000)
(14% -8%)x = (11% -8%)(35000) . . . . subtract 8%·35000
x = (11% -8%)/(14% -8%)×35000 . . . . divide by the coefficient of x
Note that this formula is exactly the one we started with, above.
What equation? You would have to pass a photo, but...
Standard form is: ax+by=c
Slope intercept form is: y=my+b
Point slope for is: y − y1 = m(x − x1)
I ALREADY ANSWER THIS xdddddddddddddddddddddddddddddddddd
Answer:
6 5/6
Step-by-step explanation:
8
- 1 1/6
We need to borrow from the 8
We will borrow 1 from the 8 and make it a 7. The 1 will be written in the form 6/6
7 6/6
- 1 1/6
-----------------
6 5/6