The total annual returns on each of the following investments would be 65 times 11,300 and the answer you’ll get divide by 2
4 x 1,151.65 = 4,606.60
<span>This is invested in two accounts. Twenty-five percent is invested in savings (4,606.60 x 25% = 1,151.65). The remainder is invested in a CD (4,606.60 - 1,151.65 = 3,454.95) </span>
<span>Interest accrued for savings. *Note: The interest rates given are for a full year, but you want to calculate interest for only 60 days. </span>
<span>1,151.65 x 0.033 x 60/360 = $6.33 </span>
<span>Interest accrued for CD </span>
<span>3,454,95 x 0.043 x 60/360 = $24.76 </span>
<span>Total interest accrued </span>
<span>6.33 + 24.76 = $31.09 </span>
<span>Note: 0.033 and 0.043 = 3.3% and 4.3%. Also, the 360 day year is normally used when doing these types of problems.</span>
Answer:
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Answer:
4x+2.5+2.5+3+3=2x+2.5+3+3+3 AND 4x+5+6=2x+2.5+6
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