Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on May 19, 2024

A certain amount of money was invested at 8% simple interest and after 9 months an equal amount was invested at %10 simle interest. Find

A certain amount of money was invested at 8% simple interest and after 9 months an equal amount was invested at %10 simle interest. Find the period in which the amount in each case becomes 52000. How much money was invested in each case?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Succeeding in Business with Microsoft Excel 2013 A Problem Solving Approach

Authors: Debra Gross, Frank Akaiwa, Karleen Nordquist

1st edition

978-1285099149, 9781285963969, 1285099141, 1285963962, 978-1285715346

More Books

Students also viewed these Finance questions

Question

According to Coulomb's Law, if the distance between the two electrons were cut in half, the force would be _____. a one-fourth as much b one-half as much c four times as much d two times as much

Answered: 1 week ago

Question

Instruction: 1. Mention the parties involved in the case, duly identified as plaintiffs or defendants, etc. 2. What is the main controversy that arises in the case. (The controversy It is always that...

Answered: 1 week ago

Question

can any expert help me with the below assignment just only 2 questions ,please read the requirment word by word and be careful about the style of the reference(APA) , file 3.1 is for question...

Answered: 1 week ago

Question

★★★★★

Explain why each of the following statements about profit-maximizing competitive firms is incorrect. Restate each one correctly. a. A competitive firm will produce output up to the point where price...

Answered: 1 week ago

Question

★★★★★

A hot-air balloon achieves its buoyant lift by heating the air inside the balloon, which makes it less dense than the air outside. Suppose the volume of a balloon 1800 m3 is and the required lift is...

Answered: 1 week ago

Question

★★★★★

In the system of equations, a is a constant and x and y are variables. For what values of a will the system of equations have infinitely many solution? 2x- ax- 1 2 1 3 = 15 y = 10

Answered: 1 week ago

Question

★★★★★

=+a) What do the displays say about the influence of these two cereals on this regression? (The histogram is of the Studentized residuals.) Heres another regression with dummy variables defined for...

Answered: 1 week ago

Question

★★★★★

Guas Inc., a major retailer of bicycles and accessories, operates several stores and is a publicly traded company. The company is currently preparing its statement of cash flows. The comparative...

Answered: 1 week ago

Question

★★★★★

An organization has deployed several virtual machines running Windows Server 2 0 1 6 into their Azure subscription. The organization hasn t taken any further steps to secure the virtual machines. An...

Answered: 1 week ago

Question

★★★★★

The I-Want-To-Dance Company uses the perpetual inventory system and finds that its records indicate 85 ballet skirts are currently in stock costing $50 each. The physical inventory finds that only 81...

Answered: 1 week ago

Question

★★★★★

Complete the MPS record below for a single item. (Enter your responses as integers. A response of "0" is equivalent to being not applicable.) Item: A Order Policy: 100 units Lead Time: 1 week January...

Answered: 1 week ago

Question

★★★★★

Garvin (1988) discusses the evolution of quality concepts or philosophies as comprising of five stages. Identify these stages and establish their relevancy to any organisation today. - 3 marks will...

Answered: 1 week ago

Question

★★★★★

Question 14 Which 2 statements about creating scheduled reports are correct? (Select all that apply) Transactions in bank feeds automatically update before scheduled reports are sent You can schedule...

Answered: 1 week ago

Question

★★★★★

W A planar wall (kw = 10- mK' , Lw = 0.5 m) is insulated on one side (q(0) = 0), with a known temperature on both sides (T(0) = 200C, T(L) = 50C). You know that the temperature profile is as follows:...

Answered: 1 week ago

Question

★★★★★

A county government hires lawyers to defend itself in lawsuits. The local government provides its legal staff with an office building. The table below shows how many cases can be handled with...

Answered: 1 week ago

Question

★★★★★

Question 2 0 2 pts Indexes are created in most RDBMSs to: provide a quicker way to store data. decrease the amount of disk space utilized. provide rapid random and sequential access to base - table...

Answered: 1 week ago

Question

★★★★★

Consider the circuit of Fig. 7.97. Find v0 (t) if i(0) = 2 A and v(t) = 0. 1 3 ett)

Answered: 1 week ago

Question

★★★★★

22. The text defines ethics as the principles of conduct governing an individual or a group, and specifically as the standards one uses to decide what his or her conduct should be. To what extent do...

Answered: 1 week ago

Question

★★★★★

Preferred Stock Do you think preferred stock is more like debt or equity? Why? LO.1

Answered: 1 week ago

Question

★★★★★

Internal versus External Financing What is the difference between internal financing and external financing? LO.1

Answered: 1 week ago

Previous Question Next Question