Answer:
Fernando invested $ 5000 on the 5-year CD and $ 4000 on the 18-month CD.
Step-by-step explanation:
Since Fernando invested money in a 5-yr CD (certificate of deposit) that returned the equivalent of 3.3% simple interest, and the invested $ 1000 less in a 18-month CD that had a 2% simple interest return, if the total amount of interest from these investments was $ 945.00, to determine how much was invested in each CD the following calculation must be performed:
3.3 x 5 = 16.5
2 x 1.5 = 3
4000 x 0.165 + 3000 x 0.03 = 750
6000 x 0.165 + 5000 x 0.03 = 1140
5000 x 0.165 + 4000 x 0.03 = 945
Therefore, Fernando invested $ 5000 on the 5-year CD and $ 4000 on the 18-month CD.
Answer:
Mason has
- 16 20¢ stamps;
- 25 3¢ stamps;
- 40 49¢ stamps.
Step-by-step explanation:
Let x be the number of 20¢ stamps, then the number of 3¢ stamps is x + 9.
Mason has 56 total 49¢ and 20¢ stamps, then the number of 49¢ stamps is 56 - x.
Amounts:
- in 49¢:
cents; - in 20¢:
cents; - in 3¢:
cents.
Total amount:

- $23.55.
Hence,

Mason has
- 16 20¢ stamps;
- 25 3¢ stamps;
- 40 49¢ stamps.
Answer:

Step-by-step explanation:
<u>Step 1: Make an expression</u>
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<u>Step 2: Cross Multiply</u>
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<u>Step 3: Divide both sides by 4</u>
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Answer: 
Answer:
19 %
Step-by-step explanation:
380 : 2000 = 0.19
0.19 X 100%= 19 %
4 (k+3) (k+) is the answer