Total investment = $10,500
Let x = amount of first investment, and y the amount of the second investment.
First investment:
Interest rate = 9 (1/5)% = 0.092
Earned interest = 0.092x
Second investment:
Interest rate = 9% = 0.09
Earned interest = 0.09y
Total interest after one year is $957.00, therefore
0.092x + 0.09y = 957
or
1.0222x + y = 10633.33 (1)
Also,
x + y = 10500 (2)
Subtract (2) from (1).
0.0222x = 133.33
x = 6000
y = 10500 - x = 4500
Answer:
The first investment is $6,000 at 9 (1/5)% rate;
The second investment is $4,500 at 9% rate.
Answer:
The amaryllis that grows 18 inches in one week
Step-by-step explanation:
The answer to your problem is 3 months
You have to look at the first month. You see the to bars and find the number for both. Then you subtract those two numbers and the if the number is greater than 6 then it would count as one of those months. The months that have more than 6 are, August, September and November.
Answer:
What grade are you
Step-by-step explanation:
Answer: C.coastal plains
Step-by-step explanation: I did the quiz
