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12345 [234]
3 years ago
7

Find simple interest amount for 1000 for one year at 6%

Mathematics
1 answer:
DIA [1.3K]3 years ago
8 0

Answer:

The ans is in the picture with the  steps how i got it

(hope this helps can i plz have brainlist :D hehe)

Step-by-step explanation:

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An investment of ​$100 comma 000 was made by a business club. The investment was split into three parts and lasted for one year.
Artist 52 [7]

Answer:

  • $54000 was invested at​ 8% interest
  • $36000 was invested at​ 6% interest
  • $10000 was invested at​ 9% interest

Step-by-step explanation:

Total Investment = ​$100,000

The investment was split into three parts (say x, y and z)

  • x+y+z=100000

Simple Interest = Principal X Rate/100 X Time

The first part of the investment earned​ 8% interest

Interest on the first part = 0.08x

The second part of the investment earned​ 6% interest

Interest on the second  part = 0.06y

The third part of the investment earned​ 9% interest

Interest on the third part = 0.09z

Total interest from the investments = $ 7380.

Therefore:

0.08x+0.06y+0.09z=7380

The interest from the first investment was 2 times the interest from the second.

0.08x=2 X 0.06y

0.08x=0.12y

Substituting we have:

0.12y+0.06y+0.09z=7380

0.18y+0.09z=7380

From 0.08x=0.12y

x=1.5y

Substituting x=1.5y into x+y+z=100000

1.5y+y+z=100000

2.5y+z=100000

z=100000-2.5y

Substituting z=100000-2.5y into 0.18y+0.09z=7380

0.18y+0.09(100000-2.5y)=7380

0.18y+9000-0.225y=7380

-0.045y=-1620

Divide both sides by -0.045

y=36000

Recall: x=1.5y

x=1.5 X 36000

x =54000

x+y+z=100000

54000+36000+z=100000

z=100000-(54000+36000)

z=10,000

Therefore:

  • $54000 was invested at​ 8% interest
  • $36000 was invested at​ 6% interest
  • $10000 was invested at​ 9% interest
3 0
3 years ago
What are the domain and range of the function f(x)= 3^x+5
rewona [7]

Answer:

Step-by-step explanation:

Domain:all real values

Range:[5,∞)

5 0
3 years ago
Simplify the expression. Write answer without spaces between terms and signs.
dsp73

Answer:

4h-7

Step-by-step explanation:

Step by Step Solution

STEP1:Equation at the end of step 1 (1 - 2h) + 2 • (3h - 4) STEP2:

Final result :

4h - 7

4 0
3 years ago
Read 2 more answers
Is 6/7 equal to 3/4?
zheka24 [161]
Ok so, when working to find if a fraction is equal to another you must know what it is cut down by. So 6 / 2 = 3. Now let's break down 7 by 2. It is 3.5 that is not four. So no 6/7 so not equal to 3/4. 
8 0
3 years ago
Read 2 more answers
If 5 people receive 8 brownies, what is the fraction form of how many brownies each person will equally receive
Rufina [12.5K]
8 brownies divided by 5 people=8/5=1 3/5
8 0
2 years ago
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