Ask question

Ask question

All categories

2 years ago

9

Hattie had $6600 to invest and wants to earn 4% interest per year. She will put some of the money into an

1 answer:

34kurt2 years ago

6 0

Answer:

The amount of money that should be invested at the rate of 12% is $900 and the amount of money that should be invested at the rate of 10% is $2,100

Step-by-step explanation:

Let

x ------> the amount of money that should be invested at the rate of 12%

3,000-x -----> the amount money that should be invested at the rate of 10%

we know that

The sum of the interest on each of the accounts must be equal to the total interest.

Solve for x

therefore

The amount of money that should be invested at the rate of 12% is $900 and the amount of money that should be invested at the rate of 10% is $2,100

Hope this helps you!!!! :D

You might be interested in

At the beginning of my bike ride I feel good, so I can travel 20 miles per hour. Later, I get tired and travel only 12 miles per

Vesnalui [34]

Answer: $3\dfrac{1}{4}$ hours

Step-by-step explanation:

Let x be the time ( in hours ) you feel good and y be the time ( in hours ) that you get tired.

As per given , we have

x+y= 8

Since : $Distance = Speed\times Time$

So , we have

20x+12y=122

According to the given question , we have the following system of equations ,

$x+y= 8--------(1)\\\\20x+12y=122------------------(2)$

Multiply 12 on both sides of equation (1) , we get

$12x+12y=96------------(3)$

Eliminate equation (3) from (2) , we get

$8x=26\\\\\Rightarrow\ x=\dfrac{13}{4}=3\dfrac{1}{4}$

Hence, you felt $3\dfrac{1}{4}$ hours good.

3 0

2 years ago

Rick surveyed 50 students at his school to see how many have after-school jobs and how many are getting the new video game conso

Alina [70]

Im pretty sure it was d when i took the test hopefully im corecct sorry if im not

7 0

3 years ago

katie bought 12 roses she gave some a way and now has 4 roses left.how many roses did katie give away

Firlakuza [10]

Rosie gave away 8 roses

8 0

3 years ago

Read 2 more answers

Mashcka [7]

Answer: Sometimes

Step-by-step explanation: Through every 2 points is a line, so it would be sometimes as a line only has a minimum of 2 points.

5 0

2 years ago

What is the probability that 2 randomly selected months have 31 days?

aniked [119]

Answer:

31.8%

Step-by-step explanation:There are 7 months that have 31 days so,

The odds the first selected month has 31 days is 7/12

The next month there are only 6 months left with 31 days of only 11 months to choose from

so the odds for the second are 6/11

To calculate the odds they BOTH have 31 months you multiply the two odds:

(7/12) x (6/11) = 42/132 = .318 so 31.8%

6 0

3 years ago

Read 2 more answers