Please help!!!!I’ll mark you as brainliest!!!!
2 answers:
You might be interested in
Answer:
$2000 was invested at 5% and $5000 was invested at 8%.
Step-by-step explanation:
Assuming the interest is simple interest.
<u>Simple Interest Formula</u>
I = Prt
where:
- I = interest earned.
- P = principal invested.
- r = interest rate (in decimal form).
- t = time (in years).
Given:
- Total P = $7000
- P₁ = principal invested at 5%
- P₂ = principal invested at 8%
- Total interest = $500
- r₁ = 5% = 0.05
- r₂ = 8% = 0.08
- t = 1 year
Create two equations from the given information:
Rewrite Equation 1 to make P₁ the subject:
Substitute this into Equation 2 and solve for P₂:
Substitute the found value of P₂ into Equation 1 and solve for P₁:
$2000 was invested at 5% and $5000 was invested at 8%.
Learn more about simple interest here:
Answer:
Step-by-step explanation:
The slope of a graph is also known as its gradient, which is the steepness of the graph.
If we are given two points on the line, we can find the slope by taking rise/ run, which is the ratio of the change in y-coordinate against the change in the x-coordinate. This can also be written as a formula:
☆ (x₁, y₁) is the first coordinate and (x₂, y₂) is the second coordinate
In this question, we are given the equation of the line. This equation is already in the slope-intercept form (y= mx +c) since the coefficient of y is 1 and all the other terms are on the other side of the equal sign. In the slope-intercept form, m is the slope while c is the y-intercept.
m= ⅘ since the coefficient of x is ⅘ in the given equation (when the equation is in the slope-intercept form).