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Lesechka [4]
2 years ago
13

Jake has $4,000 invested at 8% annual interest. He has $2,800 more to invest. At what rate

Mathematics
1 answer:
schepotkina [342]2 years ago
3 0

Step-by-step explanation:

with $4,000 invested, Jake has

8% × $4,000 = $320 annually.

in order to have annual interest $628, he has to get more interest $(628-320) = $308.

the rate should be:

308/2800 × 100%

= 308 /2800 × 100%

= 11%

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FUNDRAISING A school is raising money by selling calendars for $20 each. Mrs. Hawkins promised a party to whichever of her Engli
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Rj, this is the solution to question 19:

• 1st period class sold 60 calendars in total

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• 2nd period class sold 123 calendars in total

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• 2nd period class sold 123/4 = 30.75 calendars per week

In consequence the multiplication equation that represents this situation is:

15w + 30.75w = 183, where w is the number of weeks Mrs. Hawkins' classes sold calendars.

This is the solution to question 20:

We already know the average number of calendars that 1st and 2nd period classes sold per week. Now, let's calculate the average for 3nd 4th peiod classes, this way:

• 3rd period class sold 89 calendars in total

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• 4th period class sold 126 calendars in total

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• 4th period class sold 126/4 = 31.5 calendars per week

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