Question #230dc

1 Answer
Jan 28, 2017

The Amt. deposited at 4.5%" is "100xx200=$20000,

whereas, that deposited at 5%" is "$40000.

Explanation:

Suppose that, Liza deposits $100x" at "4.5%.

:.," by given, the amount deposited at "5%" must be "$200x".

Now, recall that,

"Interest"=("Principal" xx "Rate" xx "Year")/100

:." Annual Income "I_1" of Interest from Deposit "$100x is,

I_1={(100x)(4.5)(1)}/100=$4.5x.

Similarly, Deposit $200x gives

"Interest I_2="$10x.

:." Total Interest I="I_1+I_2=$14.5x, which is, $2900.

:. 14.5x=2900 rArr x=2900/14.5=200

Therefore, the Amt. deposited at 4.5%" is "100xx200=$20000,

whereas, that deposited at 5%" is "$40000.

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