Answer: $2294 should be invested in the simple interest account while $4588 should be invested in the certificate of deposit.
Step-by-step explanation:
Let x represent the amount that he would deposit in the simple interest account.
Let y represent the amount that he would deposit in the certificate of deposit.
she will deposit twice as much in the certificate of deposit. It means that
y = 2x
Interest from the simple interest account would be 7%. This mean that the interest would be 7/100 × x = $0.07x
Interest from the certificate of deposit account would be 5%. This mean that the interest would be 5/100 × y = $0.05y.
The total interest from both accounts would be $390. It means that
0.07x + 0.05y = 390- - - - - - - - - - 1
Substituting y = 2x into equation 1, it becomes
0.07x + 0.05 × 2x = 390
0.07x + 0.1x = 390
0.17x = 390
x = 390/0.17 = $2294
y = 2x = 2 × 2294
y = 4588
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Answer:
a) Angle XBC = 55° because it's a corresponding angle
AXY = XBC
b) 180° - (55° × 2) = 70°
Answer:
Original price of the television = $850
Step-by-step explanation:
Television price on sale = $680.00
% of sale = 20%
It means price on sale = 80% = $680.00
Original price of the television = 100% = ?
Price on 1% = 680/80 = $8.5
Original price of the television = 100% = $8.5 x 100
= $850
