I solved and the mean is 10
9514 1404 393
Answer:
- $9,000 at 15%
- $4,000 at 10%
Step-by-step explanation:
Let x represent the amount borrowed at 15%. Then the amount borrowed at 10% is (13000-x). The interest at the end of the year is ...
0.15(x) + 0.10(13000 -x) = 1750
0.05x = 1750 -1300 . . . . . . . . . . . . simplify, subtract 1300
x = 450(20) = 9000 . . . . . . . . . . multiply by 20
$9,000 was borrowed at 15%; $4,000 was borrowed at 10%.
The answer is: <span>40,000(1.12)(1.10)
Or 4 more understanding: 12% of £40000
</span>1%= 400, therefore, 12%= 4800.
In January, the value was £44800.
10% of this is £448.
Add £448 to £44800, giving you £45, 248
