Simplify 21.75 Thanks
2 answers:
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Answer:
$7,000 at a rate of 7% and $21,000 at a rate of 14%.
Step-by-step explanation:
Let x be amount invested at 7% and y be amount invested at 14%.
We have been given that a women's professional organization made two small-business loans totaling $28,000. We can represent this information in an equation as:
The interest earned at 7% in one year would be and interest earned at 14% in one year would be
.
We are also told that the organization received from these loans was $3,430. We can represent this information in an equation as:
Form equation (1), we will get:
Upon substituting this value in equation (2), we will get:
Therefore, an amount of $21,000 was invested at a rate of 14%.
Therefore, an amount of $7,000 was invested at a rate of 14%.
The slope is 7/5 and the equation of the line is 5y - 7x = 0 if the points (10,14) and (35,49) form a proportional relationship.
<h3>What is the slope?</h3>The ratio that y increase as x increases is the slope of a line. The slope of a line reflects how steep it is, but how much y increases as x increases. Anywhere on the line, the slope stays unchanged (the same).
From the above formula, we can find the slope of the line:
m = (49-14)/(35-10)
m = 35/25
m = 7/5
The equation will be:
y = 7x/5 + c
here c is the y-intercept
Plug (10, 14) in the equation to find the value of c
14 = 7(10)/5 + c
c = 0
y = 7x/5 or
5y - 7x = 0
Thus, the slope is 7/5 and the equation of the line is 5y - 7x = 0 if the points (10,14) and (35,49) form a proportional relationship.
Learn more about the slope here:
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