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Marta_Voda [28]
3 years ago
12

Select The decimal that is equivalent to 7/8

Mathematics
1 answer:
tatuchka [14]3 years ago
8 0

Answer:

0.875

Step-by-step explanation:

look at the fraction as a division problem

8÷7

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A total of 31,000 is to be invested, some in bonds and some in certificates of deposit (CDs). If the amount invested in bonds is
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Answer:

Bonds: $42,000

Certificates of deposit: $41,000

Step-by-step explanation:

Total invested = Amount in bonds + Amount in CDs

 

Amount in bonds = Amount in CDs + 1000

 

Let the amount in bonds = B and the amount in CDs = C

 

 

1. 83,000 = B + C

 

2. B = C+1000

 

Since the above expression (#2) defines B, you can substitute it for the B in the first equation (#1).

 

83,000 = C + 1000 + C

 

Now, you can solve for C.

 

83,000 = 2C + 1000

82,000 = 2C

41,000 = C

 

You know that the amount invested in bonds is $1000 greater than the amount invested in CDs, so add $1000 to C and you find B, $42,000.

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Step-by-step explanation:

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