Your answer is 80. your answer
Interest is $1,320. <span><span>P is the principal amount, $6,600.
</span><span>r is the interest rate, 4% per year, or in decimal form, 4/100=0.04.
</span><span>t is the time involved, 5 years time periods.
</span><span>So, t is 5 year time periods.
</span></span>I= p x r x t
In order to get the final number just add $1,320 + $6,600 which is $7,920
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Answer:
$7200 in the fund rose 6% n $2800 in the fund rose 9%
Step-by-step explanation:
let x be the amount in the fund rose 6%
gain in one year=x*6%=0.06x
total amount is 10000
so amount in the fund rose 9% = 10000-x
gain in one year=(10000-x)*9%=900-0.09x
total gain=0.06x+900-0.09x=900-0.03x
=684
900-684=0.03x
0.03x=216
x=7200
the other fund amount=10000-7200=2800
