Answer:
31000 dollars were invested at 4% interest rate.
16000 dollars were invested at 5% interest rate.
Step-by-step explanation:
Convert the interest rate into decimal and then write down two equations to solve for the unknowns.
Best Regards!
Answer:
Step-by-step explanation:
The formula for determining simple interest is expressed as
I = PRT/100
Where
P represents the principal or initial amount invested or collected as a loan.
R represents interest rate.
T represents the duration of time in years before the loan is bald back.
From the information given,
P = 1290
I = 5.75
Since there are 365 days in a year,
t = 65/365 = 0.1781 years
Therefore,
5.75 = (1290 × r × 0.1781)/100
5.75 = 229.749r/100 = 2.29749r
r = 5.75/2.29749
r = 2.5027
Rounding to the nearest percent,
r = 3%
Answer:
5 miles per hour
Step-by-step explanation:
3¾ ÷ ¾ =
15/4 ÷ ¾ =
15/4 x 4/3 =
15/3 = 5
Answer:
-88
Step-by-step explanation:
Let N(x) be the number of students at NMS for a certain number of years.
Let S(x) be the number of students at SMS for a certain number of years.
Let x be the number of years.
N(x)=1240-25x
S(x)=800-30x
When # of students is equal, N(x)=S(x). Therefore, we are looking for the value of x (# of years) when 1240-25x=800-30x
Subtract 1240 from each side
-25x=-440-30x
Add 30x
5x=-400
x=-88 years
Check your numbers.
