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Marta_Voda [28]
2 years ago
7

Find the slope and y-intercept of equation y= 10x + 18

Mathematics
1 answer:
pickupchik [31]2 years ago
3 0

Answer:

slope is 10

y-intercept is 18

Step-by-step explanation:

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You have 250,000 In an IRA at the time you retire.You have the option of investing this money in two funds.Fund A pays 1.2% annu
krok68 [10]

Let x be the amount of money, you fund in Fund A and y be the amount of mone yyou fund in Fund B.

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2. Fund A pays 1.2% (as a decimal 1.2% is 0.012) annually, then x\cdot 0.012=0.012x is annual interest income in Fund A.

Fund B pays 6.2% (as a decimal 6.2% is 0.062) annually, then y\cdot 0.062=0.062y is annual interest income in Fund B.

Since Fund A and Fund B produce an annual interest income of $8,000, then

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\left\{\begin{array}{l}x+y=250,000\\0.012x+0.062y=8,000.\end{array}\right.

Express x from first equation x=250,000-y and substitute it into the second equation

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12(250,000-y)+62y=8000,000,\\ \\3000,000-12y+62y=8000,000,\\ \\62y-12y=8000,000-3000,000,\\ \\50y=5000,000,\\ \\y=100,000

Then

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Answer:

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Step-by-step explanation:

hope this helps!

pls mark brainliest

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Frank is twice as old as Henry. if the sum of their ages is 45, find their ages​
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