The amount invested at 5% is $12,000 whereas the remaining $15,000 was invested at 4%
What is the amount of annual return for each investment?
The amount of annual return for each investment is determined as the amount invested multiplied by the rate of return
Let us assume that y was invested at 5% and the 27000-y, the remainder was invested at 4%
Total annual return=(y*5%)+(27000-y)*4%
Total annual return=0.05y+1080-0.04y
total annual return=0.01y+1080
total annual return=1220
1220=0.01y+1080
1200-1080=0.01y
120=0.01y
y=120/0.01
y=$12,000(invested at 5%)
amount invested at 4%=27000-12000
amount invested at 4%=$15,000
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Simple,
you have
This really means that you have...
just cancel out the x's that you have, it's simple...
leaving you
Thus, your answer.
Answer:
D or 3800
Step-by-step explanation:
Just divided 855 by 45 then multiplied 200 by 19
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Answer:
A, C, and E are the answers
Step-by-step explanation:
