You invested a total of $12,000 at 4 1/2% and 5% simple interest. During one year, the
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
Verbal Model Interest from 4 12 Interest from 5 Total interest Labels Amount in...View the full answer
Answered By
Nyron Beeput
I am an active educator and professional tutor with substantial experience in Biology and General Science. The past two years I have been tutoring online intensively with high school and college students. I have been teaching for four years and this experience has helped me to hone skills such as patience, dedication and flexibility. I work at the pace of my students and ensure that they understand.
My method of using real life examples that my students can relate to has helped them grasp concepts more readily. I also help students learn how to apply their knowledge and they appreciate that very much.
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Calculus questions
-
You invested a total of $25,000 at 3% and 4 1/2% simple interest. During one year, the two accounts earned $900. How much did you invest in each account?
-
One year, Don invested a total of $40,000, part at 4%, part at 5%, and the rest at 5 %. The total amount of interest received on the investments was $1990. The interest received on the 5 %...
-
The given amount of annual interest is earned from a total of $12,000 invested in two funds paying simple interest. Write and solve a system of equations to find the amount invested at each given...
-
Do you think that differences in reward practices across countries reflect differences in national cultures or other influences?
-
There are many venture capital syndicates that consist of a few (say, eight or ten) wealthy people who combine to make investments in small and (hopefully) growing businesses. Typically, the...
-
Which law of thermodynamics consists of the conservation of energy applied to thermal systems?
-
What can happen if we apply bagging to stable models? Why might this happen?
-
Clarity Communication issued $42,000 of 8%, 10-year bonds payable on October 1, 2012, at par value. Claritys accounting year ends on December 31. Requirements 1. Journalize the issuance of the bonds...
-
Quality Brick Company produces bricks in two processing departments Molding and Firing. Information relating to the company's operations in March follows: a. Raw materials used in production: Molding...
-
For the following state, calculate the principal normal stress 1. Write the units in MPa. Type the units in the numeric entry. Use the corresponding capital letters. Type a space between the number...
-
A person who is 6 feet tall walks away from a 50-foot tower toward the tip of the tower's shadow. At a distance of 32 feet from the tower, the person's shadow begins to emerge beyond the tower's...
-
A nursery has $40,000 of inventory in dogwood trees and red maple trees. The profit on a dogwood tree is 25% and the profit on a red maple tree is 17%. The profit for the entire stock is 20%. How...
-
When should investors consider making an election to amortize market discount on a bond into income annually? see 1278(b)
-
Find f(x) if y = f(x) satisfies dy dx 60yx and the y-intercept of the curve y = f(x) is 6. f(x)
-
Data on the gasoline tax per gallon ( in cents ) as of a certain date for the 5 0 U . S . states and the District of Columbia are shown below. State Gasoline Tax per Gallon State Gasoline Tax per...
-
Write a function report card where the user can enter each of his grades, after which the program prints out a report card with GPA. Remember to ask the user how many classes he took (think - why...
-
VA= 18/ A c = ? 1. For the arrangement of cable and pulleys in the figure, the velocities and accelerations of two of the bodies involved are indicated. Determine the velocity and acceleration of the...
-
Suppose there are two electric charges in 2D planeR2; one is on y-axis and the other is on x-axis: 45km 0 p1:=0,p2:=30km.(1) Thechargesareq1=4.5Catp1andq2=3.0Catp2. (a) Determine the electric field...
-
Collie Company incorrectly included $23,000 of goods held on consignment for Retriever Company in its beginning inventory for the year ended December 31, 2023. The ending inventory for 2023 and 2024...
-
F.(3e* -2x 3 sin(2x)) is equal to 2 3 Cos 8. IT 3, t (4+@ 2 3, 1+o 1 4 Cos 4 4 1 3. 1 +4cos V7 (1+o 4 1 4 Cos 4 1+0 4-
-
Four sales representatives for a company are to be chosen at random to participate in a training program. The company has eight sales representatives, two in each of four regions. What is the...
-
In Exercise 57, what is the probability that the four sales representatives chosen to participate in the training program will be from only three of the four regions? Exercise 57 Four sales...
-
Find the probability of being dealt two clubs and one of each of the other three suits. You are dealt a hand of five cards from a standard deck of 52 playing cards.
-
Your company produces a health magazine. Its sales data for 1 - year subscriptions are as follows: Year of Operation Subscriptions Sold % Expired at Year End 2 0 2 0 $ 3 0 0 , 0 0 0 5 2 0 2 1 $ 6 4 7...
-
Problem 3 - 2 0 ( Static ) Calculate profitability and liquidity measures LO 3 - 3 , 3 - 4 , 3 - 6 Presented here are the comparative balance sheets of Hames Incorporated at December 3 1 , 2 0 2 3...
-
3 Required information [The following information applies to the questions displayed below) John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter. Samantha. In 2020,...
Study smarter with the SolutionInn App