Katie invested a total of $4000, part at 2% simple interest and part at 3% simple interest. At the end of 1 year, the investments had earned $90 interest. How much was invested at each rate?

$3000

$1000

Step-by-step explanation:

the formula for simple interest = principal x time x interest rate

let the amount invested in the 2% investment be a

let the amount invested in the 3% investment be (4000 - a)

(a x 0.02 x 1) + ([4000 - a] x 0.03 x 1) = $90

0.02a + 120 - 0.03a = 90

Collect like terms and solve for a

0.01a = 30

a = $3000

The amount invested in the 3% investment be (4000 - a)  = $4000 - $3000 = $1000

answer: since the question is talking about growth you have to use the growth formula which is inital amount (1 + growth)^time

step-by-step explanation:

the intial amount is 1200, the growth is 4.8, and the time is 7. plug those numbers into the equation, also i think you have to change 4.8 into a percent. but, i have forgotton how to do that. if this is a online class go on to the lesson.

y -5 = (-1/4)(x + 8)

step-by-step explanation: