5000-x is the number of dollars in the mutual fund
X=k*Y
K*Y=X
K=X/Y
K=20/5
K=4
For Y=3/2
X=k*3/2
X=4*3/2
X=6
Answer:
240$
Step-by-step explanation:
we know that
The simple interest formula is equal to
I=P(rt)
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
in this problem we have
Sandra
t = 1 year
I= $75
P= $2,500
r= ?
substitute in the formula above
75=2,500 (r(1))
solve for r
r=75/2,500)
r= 0.03
Convert to percentage form
r= 0.03 * 100 = 3%
Ron
t=1 year
I = ?
P= 8,000
r= 0.03
substitute in the formula of interest
I = 8,000(0.03 *1)
I = $240
<span>The check is written and signed by the drawer. A drawer is the maker or the writer of a bill of exchange (such as a cheque) who directs the drawee (such as a bank) to pay the stated amount to a third party (the payee). If the bank charged another company's check against Shoe Depots account, this would be included on the bank reconciliation as an addition to the balance per bank.</span>
Answer:
y = 120
Step-by-step explanation:
If y = 32 when x = 8, then <em>y</em> is 4 times the number of <em>x</em>. If x = 30, then (4)30 = 120.
