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
Answer:
56
Step-by-step explanation:
Keep the order of opperations in mind when doing this (PEMDAS). First, solve what is inside the parentheses (6-1). Then, solve the exponent and the multiplication (6² and 5×5). Finally, finish adding and subtracting to get the answer.
Answer:
$30
Step-by-step explanation:
Let 6 cans represent an "order" of fruit juice. 72 cans means 12 orders (72 divided by 6). Since each order costs $2.50, 12 orders costs $30 (12 multiplied by 2.5).
Answer: P = 64in,
Step-by-step explanation: P = 17 + 13 + 25 + 9
