Finance...3

Discussion in 'Algebra' started by nycmathguy, Feb 22, 2022.

  1. nycmathguy

    nycmathguy

    Joined:
    Jun 27, 2021
    Messages:
    5,386
    Likes Received:
    421
    Looking for the correct set up.

    Let x = interest at 5%.

    Let 600 - x = interest at 3%.

    Equation

    0.05x + 0.03(600 - x) = 25

    Correct?

    Screenshot_20220216-193013_Samsung Internet.jpg
     
    nycmathguy, Feb 22, 2022
    #1

    1. Advertisements

  2. nycmathguy

    MathLover1

    Joined:
    Jun 27, 2021
    Messages:
    2,989
    Likes Received:
    2,884
    Correct
     
    MathLover1, Feb 23, 2022
    #2
    nycmathguy likes this.

    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.
Similar Threads
There are no similar threads yet.
Loading...