Answer:
Step-by-step explanation:
Use the basic simple interest formula:
P * r * t = I and put the info into a table with those variables along the top, formig the columns we need:
P * r * t = I
Acct 1
Acct 2
If we have a total of 1500 to split up between 2 accounts, we put x amount of money into one and then have 1500-x left to put into the other. We will fill those in along with the interest rates in decimal form and the time of 1 year:
P * r * t = I
Acct 1 x .04 1
Acct 2 1500-x .05 1
Looking at the formula we are told that Prt = I, so we will multiply P times r times t and fill in the I column:
P * r * t - I
Acct 1 x .04 1 .04x
Acct 2 1500-x .05 1 .05(1500-x)
The total Interest earned by the addition of the interest earned from both accounts is 69.50. So we add the interest column together and set it equal to 69.50:
.04x + .05(1500 - x) = 69.50 and
.04x + 75 - .05x = 69.50 and
-.01x = -5.5 so
x = 550
That's how much money is in the account earning 4% interest.
32.6 0.61
+3.54 x 0.45
--------- ----------
36.14 305
+ 2440
Answer:
a c
Step-by-step explanation:
Answer:
Adding them together. x = 3/2, y = 8
Step-by-step explanation:
Adding because we want to get rid of a variable. If we add, 2x + 6x = 8x, 1/2 * y + (-1/2 * y) = 0, and 7 + 5 = 12. Adding gets rid of the y variable.
By adding we get that 8x = 12 which gives us x = 12/8 = 3/2
Substituting this back into either equation will give us y = 8.
Answer:
360,000÷100/ 360,000÷900 = 9