Answer:
Amount in 4% account: $550
Step-by-step explanation:
Use simple interest formula where
I = interest
P = principal
r = rate (as decimal)
t = time.
<u>4% account:</u>
then
<u>5% account:</u>
then
You have earned $69.50 in total, so
Amount in 4% account: $550
Amount in 5% account: $950
Answer:
The number of red pens is 20.
The number of blue pens is 4.
Step-by-step explanation:
We are given that, the ratio of number of red pens to the number of blue pens is 5 : 1.
∴ Let us assume that the number of red pens be 5<em>x</em> and number of blue pens be <em>x</em>.
Total number of pens in the desk drawer = 24
Now, according to question :
Number of red pens + Number of blue pens = 24
⇒5<em>x</em> + <em>x</em> = 24
⇒6<em>x</em> = 24
⇒
So, number of red pens in the drawer = 5<em>x</em> = 5 × 4 = 20
Number of blue pens in the drawer = <em>x</em> = 4