The amount invested at 11% is $5,000
The amount invested in stock is $14,000
What is the net profit on both investments?
The profit of each investment is the rate of return or loss multiplied by the amount invested
Let us assume that x was invested at 11% and the remaining 19000-x was invested at a loss rate of 3%
net profit=(11%*x)+(19000-x)*-3%
net profit=130
130=(11%*x)+(19000-x)*-3%
130=0.11x-570+0.03x
130=0.14x-570
130+570=0.14x
700=0.14x
x=700/0.14
x=$5,000
Amount invested in stock=19000-x
Amount invested in stocks=19000-5000
Amount invested in stocks=$14,000
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Answer:
always
Step-by-step explanation:
. Always. Real numbers are irrational numbers. ... Natural numbers are rational numbers.
Answer:
A= 154, B=22
Step-by-step explanation:
if meterorite A is 7 times bigger than B, then our equation would be 7B+B=176. This gives us B=22. Then you multiply 22 times 7 to get your A value.
0.06 is 10 times as much as 0.6