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zzz [600]
2 years ago
13

3)

Mathematics
1 answer:
Cerrena [4.2K]2 years ago
4 0

Answer:

$500

Step-by-step explanation:

$25 = 5% of x

0.05x = 25

x = 25/0.05

x = 500

Answer: $500

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Linda won $200,000 in a state lottery. She first paid income tax on 30% on the winnings. She invested some of the rest at 1.5% a
Lady_Fox [76]

She invested $ 50000 at 1.5% rate and $ 90000 at 4% rate.

<u><em>Explanation</em></u>

Total amount of winnings = $ 200000

She first paid income tax on 30% on the winnings. So, the amount paid as income tax =(200000*0.30)dollar=60000 dollar.

<u>Remaining amount</u> = $ 200000 - $ 60000 = $ 140000

Suppose, she invested  x dollar at 1.5% rate.

That means, she invested (140000-x) dollar at 4% rate.

Given that, the total amount of interest earned = $ 4350

So, the equation will be.....

0.015x+0.04(140000-x)=4350\\ \\ 0.015x+5600-0.04x=4350\\ \\ -0.025x= 4350-5600\\ \\ -0.025x=-1250\\ \\ x= \frac{-1250}{-0.025}=50000

So, amount of investment at 1.5% rate = $ 50000

and amount of investment at 4% rate = $ 140000 - $ 50000 = $ 90000  


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3 years ago
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4 0
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7 0
2 years ago
8.1 Tangent Lines find the side of of triangle KLJ
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