A sum of money is shared among Ben, Jack, and Sarah in the ratio 6 : 8 : 10.
2 answers:
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Answer:
- The amount invested at 5%=$77,000
- The amount invested at 9%=$349,000
Step-by-step explanation:
- Let the amount invested at 5% simple interest =$x
He invested $41,000 more than 4 times the amount at 9%.
- This amount is: $(4x+41000)
Total Annual Interest Earned = $35,260
Therefore, Time=1 year
Simple Interest
Therefore, his total interest
=Interest from Investment 1 + Interest from Investment 2
Therefore:
The amount invested at 5%=$77,000
The amount invested at 9%=$(4*77,000+41000)=$349,000
Hey there :)
To find the slope with <em>two points</em> we will need to use the equation
( 3 , -20 ) ( 5 , 8 )
Here is what the equation should look like when replaced with the numbers (<em>it will be a fraction</em>) :
We know that <em>two negatives</em> cancel out and make a positive, so the numerator would actually be 8 + 20.
Solve the fraction and we get
28 <em>divided</em> by 2 is 14. The slope is 14.