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iging bowus upow AceptingVob He phins to invest some of theovey At 7°/ ANNuAimple interest ANd 3000 hoRethnN hAt Amouwt iNto A ACCOUN RN 6 % AuSimplk interest. If Felie will EARN #960ち~ intereメAR, how much will he iest in eAch ACCOUNt?13.) Felix receiver AhisNEWAf Xer ONe4 ACKSON eRRNS 28 N INterest from ONg -iN AN ACCounINvestments. He iNvested somedeposited #150o mokeACouNt PRYig % simpleiNterest. How much did Acksow iNvest ench necvutsimple interest, ANd heeARNiNG

Question

# 13 and # 14

 

 

iging bowus upow Acepting
Vob He phins to invest some of the
ovey At 7°/ ANNuAimple interest ANd 3000 hoRe
thnN hAt Amouwt iNto A ACCOUN RN 6 % Au
Simplk interest. If Felie will EARN #960ち~ intereメ
AR, how much will he iest in eAch ACCOUNt?
13.) Felix receiver A
his
NEW
Af Xer ONe
4 ACKSON eRRNS 28 N INterest from ONg -
iN AN ACCoun
INvestments. He iNvested some
deposited #150o moke
ACouNt PRYig % simple
iNterest. How much did Acksow iNvest ench necvut
simple interest, ANd he
eARNiNG
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iging bowus upow Acepting Vob He phins to invest some of the ovey At 7°/ ANNuAimple interest ANd 3000 hoRe thnN hAt Amouwt iNto A ACCOUN RN 6 % Au Simplk interest. If Felie will EARN #960ち~ intereメ AR, how much will he iest in eAch ACCOUNt? 13.) Felix receiver A his NEW Af Xer ONe 4 ACKSON eRRNS 28 N INterest from ONg - iN AN ACCoun INvestments. He iNvested some deposited #150o moke ACouNt PRYig % simple iNterest. How much did Acksow iNvest ench necvut simple interest, ANd he eARNiNG

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Step 1

(13)

Let Felix invests $ x amount at 7% annual interest and then according to question, the amount that he will invest at 6% interest will be $ (x+3000).

Now, amount of interest at 7% is given by:

xx7x1
I
100
7x
100
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xx7x1 I 100 7x 100

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Step 2

And, the amount of interest at 6% is given by:

(x+3000)x6x1
100
6x+18000
100
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(x+3000)x6x1 100 6x+18000 100

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Step 3

Since, the total interest ear...

I+1960
7x 6x+18000=960
100
100
13x 18000 96000
13x 78000
x= 6000
help_outline

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I+1960 7x 6x+18000=960 100 100 13x 18000 96000 13x 78000 x= 6000

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