12000 x 0.40 = 4800
12000 - 4800 = 7200
7200 acres are being logged
hope this helps
It is 3 x -5 = -15 (x is times )
Answer: he invested $46062.5 at 6% and $23031.25 at 10%
Step-by-step explanation:
Let x represent the amount which he invested in the account paying 6% interest.
Let y represent the amount which he invested in the account paying 10% interest.
He puts twice as much in the lower-yielding account because it is less risky.. This means that
x = 2y
The formula for determining simple interest is expressed as
I = PRT/100
Considering the account paying 6% interest,
P = $x
T = 1 year
R = 6℅
I = (x × 6 × 1)/100 = 0.06x
Considering the account paying 10% interest,
P = $y
T = 1 year
R = 10℅
I = (y × 10 × 1)/100 = 0.1y
His annual interest is $7370dollars. it means that
0.06x + 0.2y = 7370 - - - - - - - - - -1
Substituting x = 2y into equation 1, it becomes
0.06 × 2y + 0.2y = 7370
0.12y + 0.2y = 7370
0.32y = 7370
y = 7370/0.32
y = $23031.25
x = 2 × 23031.25
x = 46062.5
40
+5
+6
.03
------------------
= 51.03
-----------------
$11.40 because you just divide 35.34 by 3.1
