A real-world problem that could be modeled by the equation 0.08x = 0.06x + 140, where a certain sum of 8% is equal to $140.06, could be the following scenario:
Maria invested a sum of money into two different accounts, one earning an interest rate of 8% and the other earning an interest rate of 6%. At the end of the year, the total interest earned from these two accounts amounted to $140.06. The equation 0.08x = 0.06x + 140 represents this situation, where x represents the initial sum of money invested.
By solving this equation, one can determine the value of x, which will indicate the initial sum of money Maria invested.
how would you write a real world problems the models the following equation
0.08x = 0.06x + 140
for a certain sum 8% equal $140.06
1 answer