Answer:
Step-by-step explanation:
Let x represent the amount invested at 6%. Then the amount invested at 12% is 4x+249. Sherrie's interest is ...
0.06x +0.12(4x +249) = 988.92
0.54x + 29.88 = 988.92
0.54x = 959.04
x = 959.04/0.54 = 1776
4x+249 = 7353
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Sherrie invested $1776 at 6% and $7353 at 12%.
Answer:
I think she used 180 tablespoons of butter this month.
Step-by-step explanation:
Answer:

Hope this helps at all. :)
Answer:
3.2%
Step-by-step explanation:
The computation of the annual rate of interest is shown below:
As we know that
Simple interest = Principal × rate of interest × time period
($1,857.60 - $1,800) = $1,800 × rate of interest × 1
$57.60 = $1,800 × rate of interest × 1
So, the rate of interest is
= $57.60 ÷ $1,800 × 100
= 3.2%
Hence, the rate of interest on annual basis is 3.2%