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Let x represent amount invested in the higher-yielding account.
We have been given that a man puts twice as much in the lower-yielding account because it is less risky. So amount invested in the lower-yielding account would be .
We are also told that his annual interest is $6600 dollars. We know that annual interest for one year will be principal amount times interest rate.
, where,
I = Amount of interest,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
We are told that interest rates are 6% and 10%.
Amount of interest earned from lower-yielding account: .
Amount of interest earned from higher-yielding account: .
Let us solve for x.
Therefore, the man invested $30,000 at 10%.
Amount invested in the lower-yielding account would be .
Therefore, the man invested $60,000 at 6%.
Step-by-step explanation: In geometry, a vertex is where two rays share a common endpoint or where they interest each other.
The rays are called the sides of the angle and
common endpoint is called the vertex.
The vertex is very important when naming angles because
the vertex is always at the center when naming the angle.
Below is an example of two rays that share a
common endpoint which is called the vertex.
