0.015x+0.03(12000-x)=300
Solve for x
X=4000 at 1.5%
12000-4000=8000 at 3%
Answer:
1
Step-by-step explanation:
We have a deposit of $2000 into an account that pays 6% compounded monthly, after a year we will have:

The effective annual yield (EAY) will be:

The EAY is 101.22%
Answer:
9x
Step-by-step explanation:
-4.5X(-2)
-4.5x * -2
9x