Answer: $2294 should be invested in the simple interest account while $4588 should be invested in the certificate of deposit.
Step-by-step explanation:
Let x represent the amount that he would deposit in the simple interest account.
Let y represent the amount that he would deposit in the certificate of deposit.
she will deposit twice as much in the certificate of deposit. It means that
y = 2x
Interest from the simple interest account would be 7%. This mean that the interest would be 7/100 × x = $0.07x
Interest from the certificate of deposit account would be 5%. This mean that the interest would be 5/100 × y = $0.05y.
The total interest from both accounts would be $390. It means that
0.07x + 0.05y = 390- - - - - - - - - - 1
Substituting y = 2x into equation 1, it becomes
0.07x + 0.05 × 2x = 390
0.07x + 0.1x = 390
0.17x = 390
x = 390/0.17 = $2294
y = 2x = 2 × 2294
y = 4588
There are 16 oz in a pound, so 2 lbs is 32 oz.
Answer:
7:17 PM
Step-by-step explanation:
Add another 30 minutes to 6:30 = 7:00 PM
47-30 = 17
add the remaining 17 minutes to 7:00 = 7:17 PM
The solution of the equations is (-2, -1)
<h3>System of equation:</h3>
2x - 3y = -1
11x - 9y = -13
Using elimination method let multiply the first equation by -3.
Therefore,
-6x + 9y = 3
11x - 9y = -13
5x = -10
x = -10 / 5
x = -2
let's find y as follows;
2(-2) - 3y = -1
-4 - 3y = -1
-3y = -1 + 4
-3y = 3
y = 3 / -3
y = -1
learn more on system of equation here: brainly.com/question/1451150
