AmTran_Bus
  • AmTran_Bus
Write an equation to fit the real world situation
Mathematics
  • Stacey Warren - Expert brainly.com
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SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
schrodinger
  • schrodinger
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AmTran_Bus
  • AmTran_Bus
anonymous
  • anonymous
Let r be the rate at which the $1500 is invested. Thus r + .005 is the rate at which the $3000 is invested at (be careful on the decimal point)...thus we have 1500r + 3000(r + .005) = 285 Multiply through and get 1500r + 3000r + 15 = 285 Collect and get 4500r + 15 = 285 Subtract 15 and get 4500r = 270 Now divide by 4500 and get r = .06 = 6%
AmTran_Bus
  • AmTran_Bus
Thank you. That is what I was thinking.

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anonymous
  • anonymous
your welcome :)

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