Answer:
Step-by-step explanation:
Let x represent the amount Peter invested at 14%. Then (x-900) is the amount he invested at 6%. His total interest earned is ...
0.14x + 0.06(x -900) = 221
0.20x = 275 . . . . . . . . . . . . . . . . add 54, simplify
x = 1375 . . . . . . . . . . . . . . . . . . . .divide by 0.2; amount invested at 14%
(x-900) = 475 . . . . . . . . . . . . . . . amount invested at 6%
Peter invested $475 in the 6% account and $1375 in the 14% account.
Y=19, It's a straight horizontal line.
thank you for the information
but where is the question??????
Answer:
0.56
Step-by-step explanation:
Answer:
amount of interest = 52.5
amount at the end of the period = 1052.5
Step-by-step explanation:
use the formula for simple interest
PRT/100
P is the principle
R is the rate of interest charged
T is the Time taken
18 months = 1 years 6 months ( 1.5 years)
1000 * 3.5 * 1.5 = 5250
5250/100 = 52.5
the amount of interest = <u>52.5</u>
the amount she will have at the end of the period
= 1000 +52.5
= <u>1052.5</u>
