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MakcuM [25]
3 years ago
5

Carol has had a $145,000 fixed mortgage for 5 years at 5.5% and is

Mathematics
1 answer:
irina1246 [14]3 years ago
5 0

Answer: no the two blended interest rates are the same

Step-by-step explanation:

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Answer:

Therefore the amount in the 4% savings account = $550

Step-by-step explanation:

i) the total amount = $1500

ii) let the amount placed in the 4% interest savings account = x

iii) let the amount placed in the 5% interest savings account  = y

iv) therefore fro i) we can say  x  +  y = 1500

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viii) Multiplying the equation in iv) by 5 we get 5x + 5y = 7500

ix) Subtracting equation in vii) from equation in viii) we get x = $550

x) Therefore the amount in the 4% savings account = $550

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3 years ago
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Answer:

see below

Step-by-step explanation:

The trip takes 2 hours

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We would not stop at 2 hours because we would be done.

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Step-by-step explanation:

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