Answer:
Sum of money invested in corporate bonds = 30,000
Step-by-step explanation:
Total sum = 40,000
The rate of interest for corporate bonds = 10 % = 0.1
The rate of interest for municipal bonds = 6 % = 0.06
Total interest = 3600
Let sum of money invested in corporate bonds = x
The sum of money invested in municipal bonds = 40000 - x
× 0.1 × 1 + (
) × 0.06 × 1 = 3600
(0.1- 0.06)
+ 2400 = 3600
0.04
= 1200
= 30,000
Since x = sum of money invested in corporate bonds
So sum of money invested in corporate bonds = 30000
Answer:
5463782910
Step-by-step explanation:
this is incorrect
Answer:
im pretty sure its a
Step-by-step explanation:
Answer:
(p,r) = (1/3, 2/9)
Step-by-step explanation:
Here, we want to solve a system of equations
We can rewrite the second equation by dividing through by 2
So we have;
4p + 3r = 2
and
5p - 3r = 1
Add both equations:
9p = 3
p = 3/9
p = 1/3
Recall ;
5p - 3r = 1
3r = 5p - 1
Substitute the value or p here
3r = 5(1/3)-1
3r = 5/3 - 1
3r = 2/3
r = 2/9
So we have the solution set as;
(p,r) = (1/3 , 2/9)
0.8
you find how much he needed so:
24*0.3=7.2
than 8 he had , so whats left over
8-7.2=0.8