It’d be 0.57, hope this helps.
We divide 60 by 2 as many times as possible to get 60 = 15 x 2 x 2. 2 is a prime number so we don't need to break the 2's down any more. Instead we break 15 down. 15 doesn't divide by 2 so we try the next prime number: 3 Divide 15 by 3 to get 15 = 5 x 3, and so 60 = 5 x 3 x 2 x 2.
Answer:
18,000 at 2%
22,000 at 3%
Step-by-step explanation:
x: the amount in account paying 2% interest
y: the amount in stock paying 3% interest
x + y = 40,000
2%. x + 3%. y = 1020
⇒ x = 18,000
y = 22,000