The amount invested at 11% is $5,000
The amount invested in stock is $14,000
What is the net profit on both investments?
The profit of each investment is the rate of return or loss multiplied by the amount invested
Let us assume that x was invested at 11% and the remaining 19000-x was invested at a loss rate of 3%
net profit=(11%*x)+(19000-x)*-3%
net profit=130
130=(11%*x)+(19000-x)*-3%
130=0.11x-570+0.03x
130=0.14x-570
130+570=0.14x
700=0.14x
x=700/0.14
x=$5,000
Amount invested in stock=19000-x
Amount invested in stocks=19000-5000
Amount invested in stocks=$14,000
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Answer:
-2
Step-by-step explanation:
Answer:
See below
Step-by-step explanation:
a) line marked a is tangent
b) line marked b is radius
c) line marked c is diameter
d) line marked d is chord
Let's find what 1/6 of an hour is.
1/6×60=10
So, ten minutes is equal to 1/6 of an hour. Let's find hour many sets of 10 minutes are in six hours. Let's first find the amount of minutes.
6×60=360
360÷10
36
Let's multiply that by 94.
94×36
3,384 miles in 6 hours.
