Answer:
The cost of each cotton candy bag is $4.
Step-by-step explanation:
Consider the provided information.
Let, the vendor has dollar at the starting of each day.
Let, the cost of each cotton candy bag is .
Now when she sells a total of 12 bags, she has $128.
.....(1)
After she sells a total of 20 bags, she has $160.
....(2)
Subtract equation 1 from equation 2.
Hence, the cost of each cotton candy bag is $4.
Answer:
Step-by-step explanation:
Given
Required
This is calculated as:
Since, it is a probability with replacement, we have:
So, we have:
Answer: She invested $5000 in an account that pays 6% interest and $10000 in an account that pays 7% interest.
Step-by-step explanation:
Let P be the initial amount she invested in an account that pays 6% interest.
Then, amount invested in other account = 2P
Simple interest = Principal x rate x time
After one year, for the first account,
Interest = P(0.06)(1) = 0.06P
For second account,
Interest = (2P)(0.07)(1)=0.14P
Total interest =
2P = 2(5000)=10000
Hence, She invested $5000 in an account that pays 6% interest and $10000 in an account that pays 7% interest.