2 years ago

Convert 30% to a fraction in lowest terms

Mathematics

1 answer:

miv72 [106K]2 years ago

5 0

Answer:

3/10

Step-by-step explanation:

Hope this helped

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Sam invests $6000 in two different accounts. The first account paid 12 %, the second account paid 7 % in interest. At the end of

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The amount in the account at 12% interest is $3400 and the amount in the second account at 7% interest is $2600

Step-by-step explanation:

Let x be the amount in the account at 12% interest

So, 6000-x is the amount in the second account at 7% interest

$SI = \frac{P \times T \times R}{100}$

First account: $SI=\frac{x \times 1 \times 12}{100}$

Second account : $SI =\frac{(6000-x) \times 1 \times 7}{100}$

We are given that At the end of the first year he had earned $590 in interest.

So, $\frac{x \times 1 \times 12}{100}+\frac{(6000-x) \times 1 \times 7}{100}=590\\x=3400$

So,the amount in the account at 12% interest is $3400

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