-5/8c = 20....multiply both sides by -8/5 (this cancels out the -5/8 on the left
c = 20(-8/5)
c = -160/5
c = - 32
check..
-5/8(-32) = 20
160/8 = 20
20 = 20 (correct)
so c = -32
X - invested for the money at 11%
70 000 - x - deposited at 12%
0.11x + 0.12(70000-x)=7900
0.11x + 8400 - 0.12x = 7900
8400- 7900 = 0.01x
500 = 0.01x
x=50 000 invested at 11%
rest (20K) invested at 12%
Answer:
d for the first question
Step-by-step explanation:
This can be solve using the formula:
S = rE
Where S is the amount you need to put in the
stock market
r is the percentage you need to put
E is the yearly earnings
S = rE
432 = 0.15E
<span>E = $ 2900 </span>
