How to do this in a 6th grade way
1 answer:
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Answer:
<h2>$ 22200 in higher yielding bank and $ 44400 in lower yielding bank</h2>Step-by-step explanation:
Jolene invests in two bank accounts. The first account gives a 4% interest per year and the second bank gives a 10% interest rate per year.
She puts twice as much in the lower yielding bank account. Let us denote the amount put in high yielding bank account by . Lower yielding bank account will have
.
Interest from lower yielding bank =
Interest from higher yielding bank =
Total Interest per year = $ 3996 =
∴ Jolene invested $ 22200 in higher yielding bank and $ 44400 in lower yielding bank.
Answer:
The amount that came is
Step-by-step explanation:
The computation is shown below:
According to the question, it is mentioned that
Multiply 4 by
First open the equation in a fraction it would be
Now multiplied the above fraction by a 4
That gives the result of
Hence, the amount that came is
We simply multiply the 4 with the given fraction
Thus the above represents the simplest form of the fraction