Someone plz help me i'm so confused (click on picture)
2 answers:
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When you see a "%" you need to ask " a percent of what"?
Here, it's a percent of the original prize, so the discount is 20% of the original prize, that is 20% of 35.
20% is also 20/100 or 1/5, so we can calculate this like this:
so the discount is 7 dollars.
Here, it's a percent of the original prize, so the discount is 20% of the original prize, that is 20% of 35.
20% is also 20/100 or 1/5, so we can calculate this like this:
so the discount is 7 dollars.
Answer:
The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
Let
x ------> the amount of money that should be invested at the rate of 5.25%
25,000-x -----> the amount money that should be invested at the rate of 4%
in this problem we have
substitute in the formula above
Solve for x
therefore
The amount of money that should be invested at the rate of 5.25% is $12,000 and the amount money that should be invested at the rate of 4% is $13,000