Your answer would be 3 and 1/8
The answer to this problem is 48.
Answer:
$2353 at 12.5% and $7647 at 8.25%
Step-by-step explanation:
I'll say a is the amount he invested in one market, and b is the amount in the other.
a + b = 10000, or b = 10000 - a
multiplying the investments with the percentages and adding them together will give the total earned interest.
(a × 0.125) + (b × 0.0825) = 925
0.125a + 0.0825b = 925
Use substitution to solve for a.
0.125a + 0.0825(10000 - a) = 925
0.125 a + 825 - 0.0825a = 925
0.0425a = 100
a = 2352.94
Use substitution to find b
b = 10000 - 2352.94
b = 7647.06
The questions are to the nearest dollar so round a and b.
$2353 and $7647
Answer:
you can simplify rations just like you simplify fractions. Whenever you are able to evenly divide both parts of the ratio with out changing the equation's answer, you are able to.
for example
if it were 3:6, you can simplify this by dividing these both by 3, leaving you with 1:2.