13.55 should be your answer
<u>Answer</u>:
The resale value after three years = $ 632.8125
<u>Explanation</u>:
Given the laptop purchase for $1500
Therefore, the cost price = $1500
According to the question, the resale value decreases by 25%,
Then after three years, the resale value is
Resale Value = 
Substituting the values,
Resale Value = 
Resale Value = 
Resale Value = 
Resale Value = $632.8125
Therefore, the resale value after three years = $ 632.8125
Answer:
[-1,3]
Step-by-step explanation:
Answer:
2nd Account has $19,000
1st Account has $42,000
Step-by-step explanation:
First let's split the money invested.
x is money in account 1
y is money in account 2
1st equation
<u>$61,000=x+y</u>
5%=0.05
7%=0.07
2nd equation
<u>0.05*x+0.07*y=$3,430</u>
x=61,000-y
substitute into 2nd equation
0.05(61,000-y)+0.07y=3430
Solve.
3050-0.05y+0.07y=3430
0.02y=3430-3050
0.02y=380
y=380/0.02
y=$19,000
There are 2(two) ways to solve for the 1st account, but I will do it the long way.
y=61,000-x
substitute into 2nd equation
0.07(61,000-x)+0.05x=3430
Solve.
4270-0.07x+0.05x=3430
-0.02x=3430-4270
-0.02x=-840
x=-840/-0.02
x=$42,000
The short way...
x=61,000-y
x=61,000-19,000
x=$42,000