Answer:
Fernando invested $ 5000 on the 5-year CD and $ 4000 on the 18-month CD.
Step-by-step explanation:
Since Fernando invested money in a 5-yr CD (certificate of deposit) that returned the equivalent of 3.3% simple interest, and the invested $ 1000 less in a 18-month CD that had a 2% simple interest return, if the total amount of interest from these investments was $ 945.00, to determine how much was invested in each CD the following calculation must be performed:
3.3 x 5 = 16.5
2 x 1.5 = 3
4000 x 0.165 + 3000 x 0.03 = 750
6000 x 0.165 + 5000 x 0.03 = 1140
5000 x 0.165 + 4000 x 0.03 = 945
Therefore, Fernando invested $ 5000 on the 5-year CD and $ 4000 on the 18-month CD.
Answer:
26-9=17 26 is the answer
Step-by-step explanation:
Step-by-step explanation:
First divide 1100 by 2
550
Now that would be the amount the both of them would have to pay if they were splitting it equally. Since there not add 250 to 550.
250+550=800
Finally subtract 250 from 550
550-250=300
Jake has to pay $550
Danny has to pay $300
Answer:
D sentence 5
Step-by-step explanation:
Answer:
b = 3 and a = -1
Step-by-step explanation:
You have your given equation:
2a - 3b = -11
a + 3b = 8
You need to find what a and b is.
To find b:
2a - 3b = -11
-2a - 6b = -16
I multiplied a + 3b = 8 by -2. When you multiply a number you have to multiply all of them. You have to choose a number that would cancel out all of a.
So now your equation would look like this when you solve for b:
2a - 3b = -11
-2a - 6b = -16
-------------------
a - 9 = -27 then you divide -9 to -27 which is 3 so b = 3.
To find a:
2a - 3b = -11
a + 3b = 8
I multiplied a + 3b = 8 by -1 and 2a - 3b = -11 by -1 as well.
Your equation will look like this when you solve for a:
-2a + 3b = 11
-1a - 3b = -8
------------------
-3a = 3 then divide -3 to 3 which is -1 so a = -1.
Check to see if you have the correct answer by plugging in the number you got for a and b into the equation and solve.
1. 2(-1) -3(3) = -11
-2 - 9 = -11
2. -1 + 3(3) = 8
-1 + 9 = 8
