Question 91889: I am having problem solving these problems. Could someone help me.
1.The saddle height on a bicycle should be 109% of the rider's inside leg measurement L. Write an equation expressing the fact that the saddle height for Brenda is 36 in.
2. Of the $50,000 Natasha pocketed on her last real estate deal, $20,000 went to charity. She invested part of the remainder in Leaders fund with an annual yeild of 16% and the rest in Templeton with annual yeid of 25%. If she made $6060 on these investments in one year, then how much did she invest in each fund?
Please I request you as this is a quiz that I have to solve today. thank you for your help.
Answer by edjones(8007)   (Show Source):
You can put this solution on YOUR website! 1.
h=1.09L
36=1.09L
divide 1.09 into both sides. L=36/1.09=33in (inside leg measurement)
2.
x=amt invested in Leaders.
30000-x=amt invested in Templeton
.16x+.25(30000-x)=6060
.16x+7500-.25x=6060
-.09x+7500=6060
subtract 7500 from both sides. -.09x=-1440
divide -.09 into both sides. x=$16,000 invested in Leaders
30000-x=$14,000 invested in Templeton
Check:
16000*.16=2560
14000*.25=3500
==========>------
==========>6060 profit in 1 year
EdJones
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