Answer:
24% chance
Step-by-step explanation:
First, find the total number of graduates in the table, that number is 2610, that will be your numerator.
You will look at the table for the total number of students, that is 10730, that will be the denominator.
Now divide the smaller number/numerator (2610) by the larger number/denominator (10730)
= 0.2432432...
Then, multiply by 100 to get the percentage: 24.32432...%
Now, round to the nearest percentage: 24%
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