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Answer:
Sum of money invested in corporate bonds = 30,000
Step-by-step explanation:
Total sum = 40,000
The rate of interest for corporate bonds = 10 % = 0.1
The rate of interest for municipal bonds = 6 % = 0.06
Total interest = 3600
Let sum of money invested in corporate bonds = x
The sum of money invested in municipal bonds = 40000 - x
× 0.1 × 1 + (
) × 0.06 × 1 = 3600
(0.1- 0.06) + 2400 = 3600
0.04 = 1200
= 30,000
Since x = sum of money invested in corporate bonds
So sum of money invested in corporate bonds = 30000
Answer:
Step-by-step explanation:
As a mixed fraction, There are 3 circles with 5 pieces in each so our denominator will be 5
The number that is shaded is 2 whole circles so that is 10 and 2 out of 5 of last one.
The whole number is 2 and the fraction for the last circle is 2/5 so our mixed number is
Now to find the improper fraction turn 2 into a fraction with 5 as a denominator.
Which equal
Then add 2/5 to 10/5