The options are wrong lol, it is -1/8
Answer:
1300 and 700 respectively.
Step-by-step explanation:
Let x be invested in first account and y be invested in second account.
ATQ, x+y=2000 and 101=(4)*x/100+7*y/100. Solving it will give us x=1300 and y=700
Answer: true
Step-by-step explanation:
After 1 year, the initial investment increases by 7%, i.e. multiplied by 1.07. So after 1 year the investment has a value of $800 × 1.07 = $856.
After another year, that amount increases again by 7% to $856 × 1.07 = $915.92.
And so on. After t years, the investment would have a value of
.
We want the find the number of years n such that

Solve for n :




