Ralph chase invested $85000 at an interest of 10% and $70000 at an interest of 8%
<h3>What is an
equation?</h3>
An equation is an expression that shows the relationship between two or more numbers and variables.
An independent variable is a variable that does not depends on other variable while a dependent variable is a variable that depends on other variable.
Let a represent the amount invested at interest of 10% and b represent the amount invested at 8%, hence:
a + b = 155000 (1)
Also:
0.1a + 0.08b = 14100 (2)
From both equations:
a = 85000, b = 70000
Ralph chase invested $85000 at an interest of 10% and $70000 at an interest of 8%
Find out more on equation at: brainly.com/question/2972832
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Part 1: <span>What is the periodic interest rate of jade investment?
Each compounding period is done semi-annually, which means twice a year. Since the given interest rate is annual, then 5.2% divided by half should yield the period interest rate, which is 2.6%
Part 2: </span><span>How many compounding periods does Jade's investment offer in a year? how about in 8 years?
In 1 year, there are 2 compounding periods. In 2 years, there are 16 compounding periods.</span>
Answer:
If 7 minus 5 equals 2, then 7 minus 2 equals 5.
Step-by-step explanation:
This is because of the associative property of equality.
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