Katie invested a total of $7000, part at 4% simple interest and part 5% simple interest. At the end of 1 year, the investments had earned $321 interest. How much was invested at each rate?

more detail

step-by-step explanation:

1. 3. can also be expressed as (22/7)

2. -4.5

3. 3.6

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this is the formula: v = the value of investment at the end of the time period

p = the principal amount (the initial amount invested)

r = the annual interest rate

n = the annual frequency of compounding (how many times a year interest is added)

t = the number of years the money is invested

^ means raise to the power of

step by step resolutions

1) n+n+1+n+2=51

3n+3=51

3n=48

n=16

the three numbers are 16, 17 and 18.

2) x+15=4x

3x=15

x=5

radha is now 5 years old

3) the two digits are x and y.

y=3x

(10x+y)+(10y+x)=88

y=3x

11x+11y=88

y=3x

x+y=8

x+3x=8

x=2

the original number can be either 28 or 82.

4) n+(n+2)+(n+4)=48

3n+6=48

3n=42

n=14

the numbers are 14, 16 and 18.

5) y=x+3

10y+x+10x+y=143

y=x+3

11x+11y=143

y=x+3

x+y=13

x+x+3=13

2x=10

x=5

the original number can be 57 or 75.

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