Let $x be invested in the account that paid 5% simple interest.
Let $y be invested in the account that paid 10% simple interest.
The total invested is $10,000, therefore
x + y = 10000 (1)
The interest amounts earned are respectively
x*1*0.06 = 0.06x
y*1*0.10 = 0.10y
The total interest earned is $760, therefore
0.06x + 0.10y = 760
Multiply through by 10 to obtain
0.6x + y = 7600 (2)
Subtract (2) from (1).
x + y - (0.6x + y) = 10000 - 7600
0.4x = 2400
x = $6,000
From )1), obtain
y = 10000 - 6000 = $4,000
Answer:
$6,000 in the account paying 6% simple interest, and
$4,000 in the account paying 10% simple interest.
The answer is 15!
Hope this helps!
Answer:
where are they
Step-by-step explanation:
seriously where are the questions
Answer:
The amount of money due to Beth-Ann at the end of this period is $27, 300.
Step-by-step explanation:
The amount at the end of a period, when simple interest is being charged is:
Amount (A) = Principal (P) + Interest (I)
Here interest is computed using the formula:

It is provided that:
P = 24,000
R = 11%
T = 15 months = 1.25 years
Compute the Interest as follows:


The interest earned is, <em>I</em> = $3,300.
Compute the amount of money due to Beth-Ann at the end of this period as follows:


Thus, the amount of money due to Beth-Ann at the end of this period is $27, 300.
Answer:
The approximate population of the state of California in 2010 was
Step-by-step explanation:
Let
x----->the estimated population of Los Angeles in 2010
y----->the estimated population of the state of California in 2010
we know that
------> equation A
we have

Substitute the value of x in the equation A and solve for y