[x = amount earning 6% annually.]
(8000-x) = amount earning 15% annually
Then we set up our equation which is a sum of the 15% return and the 6% return and we let that sum equal our desired return on investment ($930). Then solve for x.
(8000-x)*.15 + x*.06 = 930
1200 - .15x + .06x = 930
.09x = 270
x = 3000.
Therefore, you should invest $3000 at 6% and $5000 at 15% to earn $930 annually.
1. The equations that I can think of are,
3 + 1 = 11 - 6
and
8 - 1 = 6 + 1
2. An example of equation that uses the variable x,
6x - 2x = 8
It may be required of you to perform certain steps in order to determine the value of x.
Hello!
I believe that the answer would be 40²
I hope this helps!
Answer: E
Step-by-step explanation:
