Answer:
#3: x is approximately 0.37, -5.37, #4: x is approximately 4.19, -1.19
Step-by-step explanation:
You can solve using the quadratic equation or by solving with the perfect square
=
x is approximately 0.37, -5.37
(20 POINTS AND BRAINLIEST ANSWER!!!) I need help with these two geometry 1 questions!!!
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