mixed fraction
Step-by-step explanation:
Decimal Form: 16.666667
M = -2
In perpendicular lines, the slopes are opposite reciprocal. This means you flip the sign (from + to - or from - to +) and flip the numerator and denominator.
So 1/2 becomes negative, and 2/1 = 2
So the slope is -2
Let x be the amount of money, you fund in Fund A and y be the amount of mone yyou fund in Fund B.
1. You have 250,000 In an IRA at the time you retire and want to invest this money into Funds A and B, then

2. Fund A pays 1.2% (as a decimal 1.2% is 0.012) annually, then
is annual interest income in Fund A.
Fund B pays 6.2% (as a decimal 6.2% is 0.062) annually, then
is annual interest income in Fund B.
Since Fund A and Fund B produce an annual interest income of $8,000, then

3. Solve the system of equations:

Express x from first equation
and substitute it into the second equation

Multiply this equation by 1000:

Then

Answer: you have to fund $150,000 in Fund A and $100,000 in Fund B.
<span>6025/1000 for a decimal fraction</span>
The correct answer is B.
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