The amount invested at 11% is $5,000
The amount invested in stock is $14,000
What is the net profit on both investments?
The profit of each investment is the rate of return or loss multiplied by the amount invested
Let us assume that x was invested at 11% and the remaining 19000-x was invested at a loss rate of 3%
net profit=(11%*x)+(19000-x)*-3%
net profit=130
130=(11%*x)+(19000-x)*-3%
130=0.11x-570+0.03x
130=0.14x-570
130+570=0.14x
700=0.14x
x=700/0.14
x=$5,000
Amount invested in stock=19000-x
Amount invested in stocks=19000-5000
Amount invested in stocks=$14,000
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614.40 because 204.80 divided by 4 is 51.20 and 51.20 multiplied by 12 is 614.40
Answer:
LCM of 3 and 4 is 12
Step-by-step explanation:
This is your answer
Step-by-step explanation:
First divide 1100 by 2
550
Now that would be the amount the both of them would have to pay if they were splitting it equally. Since there not add 250 to 550.
250+550=800
Finally subtract 250 from 550
550-250=300
Jake has to pay $550
Danny has to pay $300
Answer:
56 total units
Step-by-step explanation:
Here is what the plane would look like if the figure and points were drawn.
