1) property of distribution: 30 = -30n - 30
2) inverse property of addition: 60 = -30n
3) inverse property of multiplication: -2 = n
step 2: subtract 30 from both sides
step 3: divide -30 from both sides
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
sorry I'm in 5 grade idc what that is tho
It could be any time, but I would say 10. 10*10=100
hope it helps!