$4,500
2,400
72
$428.24
280.51
635.61
2,400
696,00
$2,500 is your answer
$2400
4000
Two equations. x+y=56000 .07x=.05y Solve both of these equations simultaneously and it will be the answer. x+(.07/.05 x)=56000
The answer depends on the rate of interest.
72
T = 3yrs
2.5 years
3125
d 2.5 years