it takes 3 years.formula interest =PRT/100 so its 252 =1200 times 7 times T all over 100 then multiply by 100 both sides to get 25200=8400T devide by 8400 both sides to get 3
Answer:
3.141592654...
Step-by-step explanation:
it just keeps going and going and never stops.
please give me brainliest
It would be 11 if I’m reading this right
Let x be the months and y be the cost.
Rate of increase of commodity A = 6/3 = $2 per month
Equation:
y = 2x + 4500
Rate of increase of commodity B = 2/4 = $0.5 per month
Equation:
y = 0.5x + 5400
Equating the costs,
2x + 4500 = 0.5x + 5400
1.5x = 900
x = 600 months
x = 600 / 12 = 50 years
Answer:
- $5000 at 10%, $10000 at 12% and 10000 at 16%
Step-by-step explanation:
- <em>One part of $ 25,000 is invested at 10% interest, another part at 12%, and the rest at 16%. The total annual income from the three investments is $ 3,200. Also, the income from the investment at 16% is equal to the income from the other two investments combined. How much was invested at each interest rate?</em>
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Let the parts be x, y and z
<u>As per given we get below system of equations:</u>
- x + y + z = 25000
- 0.1x + 0.12y + 0.16z = 3200
- 0.1x + 0.2y = 0.16z
<u>Substitute 0.1x + 0.2y in the second equation:</u>
- 0.16z + 0.16z = 3200
- 0.32z = 3200
- z = 3200/0.32
- z = 10000
<u>Now we have:</u>
- x + y + 10000 = 25000 ⇒ x + y = 15000
and
- 0.1x + 0.12y + 0.16*10000 = 3200 ⇒ 0.1x + 0.12y = 1600
<u>Multiply the second equation and then subtract the first one:</u>
- 10(0.1x + 0.12y) = 10(1600) ⇒ x + 1.2y = 16000
- x + 1.2y - (x + y) = 16000 - 15000
- 0.2y = 1000
- y = 10000
Then
<u>So the parts are:</u>
- $5000 at 10%, $10000 at 12% and 10000 at 16%
