Answer:
- The amount invested at 5%=$77,000
- The amount invested at 9%=$349,000
Step-by-step explanation:
- Let the amount invested at 5% simple interest =$x
He invested $41,000 more than 4 times the amount at 9%.
- This amount is: $(4x+41000)
Total Annual Interest Earned = $35,260
Therefore, Time=1 year
Simple Interest
Therefore, his total interest
=Interest from Investment 1 + Interest from Investment 2
Therefore:
The amount invested at 5%=$77,000
The amount invested at 9%=$(4*77,000+41000)=$349,000
Answer:
1/16 or 0.0625
Step-by-step explanation:
we can take 4 outside the parentheses and we would get 4^(4-7+1)=4^(-2)= 1/(4^2)=1/16=0.0625.
Answer:
no. it is not because 0.6 is a decimal
Answer:
17
Step-by-step explanation:
We have the following equation for compounding annual interest
AV=PV(1+i)ⁿ
We have
19200=7400(1+.06)ⁿ
Solve for n
divide both sides by 7400
2.594=(1.06)ⁿ
then use the following rule for exponents
which means that
Solve and get
16.362
which rounds to 17
Hello :)
here you need to use the slope intercept formula to find your equation:
y= mx+b
b= the y- intercept
m= the slope
we are already given the slope and the x & y
y=-3x+(-2)
your answer would be a) y = -3x - 2
