Betsy, a recent​ retiree, requires ​$5000 per year in extra income. She has ​$60000 to invest and can invest in​ B-rated bonds paying ​13% per year or in a certificate of deposit​ (CD) paying ​5% per year. How much money should be invested in each to realize exactly ​$5000 in interest per​ year?

Answers

Answer 1

Betsy needs to  invest $32,000 in the B-rated bonds paying 13% interest and $28,000 in the certificate of deposit paying 3% interest.

Interest is calculated by multiplying the rate with the principal.

Let x = the amount Betsy will invest in the B-rated bonds paying 13% per annum. The remaining amount, $60,000-x , she will invest in the certificate of deposit paying 3% per annum.

We can express the earnings on these two investments, after converting the percentages to their decimal equivalents, as: 0.13x+0.03(60000-x) and this is to earn a total of $5,000

Now we can write the necessary equation to solve for x.

or, 0.13x+0.03(60000-x) = 5000

or, 0.13x+1800-0.03x = 5000

or, 0.1x+1800 = 5000

or, 0.1x = 3200

or, x = 32000

So Betsy needs to invest $32,000 in the B-rated bonds paying 13% interest and the remainder ($60,000-$32,000 = $28,000) in the certificate of deposit paying 3% interest to obtain $5,000 in interest per annum.

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Related Questions

Fill in the blanks. (5 x 3) x __) a b 4x( x 9) = 72 C 7x (2x __) = 42 d (_____________× 5) x 5 = 75 x __) = 27 e (3 x 3) x = 60​

Answers

The solution to each division problem is;

1) 4

2) 2

3) 3

4) 3

5) 3

How to multiply numbers?

1) We are given the expression;

(5 * 3) * ___ = 60

To get the blank answer, we will divide both sides by (5 * 3) to get;

60/(5 * 3) = 4

2) We are given the expression;

4 *( ___ * 9) = 72

To get the blank answer, we will divide both sides by (4 * 9) to get;

72/(4 * 9) = 2

3) We are given the expression;

7 * (2 * ___) = 42

To get the blank answer, we will divide both sides by (7 * 2) to get;

42/(7 * 2) = 3

4) We are given the expression;

(___ * 5) * 5 = 75

To get the blank answer, we will divide both sides by (5 * 5) to get;

75/(5 * 5) = 3

5) We are given the expression;

(3 * 3) * ___ = 27

To get the blank answer, we will divide both sides by (3 * 3) to get;

27/(3 * 3) = 3

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What would the Median of 112 113 116 118 119 124 be?

Answers

117
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A bookcase is to have 4 shelves including the top as pictured below.
The width is to be 12 feet less than 3 times the height. Find the width and the height if the carpenter
expects to use 22 feet of lumber to make it.
Width:
feet
Height:
feet

Answers

Answer:

The width is 3 feet and the height is 6 feet.

Step-by-step explanation:

Find the perimeter of the rectangle.
X+1
2.5x - 4

Answers

Answer: 7x-6

Step-by-step explanation:

P=perimeter. L=length. W=width

P=2L+2W

P=2(x+1)+2(2.5x-4)

P=2x+2+5x-8

P=2x+5x+2-8

P=7x-6

Tucker ran five 3/8 miles on Monday and three 3/4 miles on Tuesday how far did you run on both days

Answers

Answer:

9/8 mile or 1 and 1/8 mile

Step-by-step explanation:

Add 3/8 + 3/4

LCD is 8 so it would be 3/8 + 6/8 which is 9/8 (which can be converted to the mixed number 1 and 1/8)

The left and right page numbers of an open book are two consecutive integers whose sum is 387. Find these page numbers.
The two page numbers are
(Use a comma to separate answers as needed.)

Answers

Answer:

193 and 194

Step-by-step explanation:

Left page = X

Right page = X + 1

You know the total sum.

X + (X + 1) = 387

2X + 1 = 387

2X = 387 - 1

2X = 386

X = 193

When you plug X in you get the following;

Left page = 193

Right page = 193 + 1 = 194

commencement of business with cash 10000 and goods 5000​

Answers

The answer to given question is given below in detailed manner.

Business Commencement Date means the first date on which the Company or any Affiliate, licensee or sublicensee of the Company makes a commercial sale of any Product within the Field of Activity in the Territory that would generate a payment to the Partnership or the Class A Limited Partners.

Hence here commencement date is not applicable;

for starting capital required=10000+5000

Now adding commencement of business with cash 10000 and goods 5000​ as date commencement is not applied here so we get =15000

The capital account is a liability for business this amount is needed to return to investor one day.

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Answer: The answer to given question is given below:

Step-by-step explanation:

Business Commencement Date means the first date on which the Company or any Affiliate, licensee or sublicensee of the Company makes a commercial sale of any Product within the Field of Activity in the Territory that would generate a payment to the Partnership or the Class A Limited Partners.

hence here

commencement date is not applicable;

for starting capital required=10000+5000

=15000

The capital account is a liability for business

this amount is needed to return to investor one day.

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5. Explain how to determine which operation to complete first when simplifying the expression (15 ÷ 5+4²) − [4³ − |(13² + 2) ÷ (4 − 1)]. Be specific.​

Answers

Answer: Parentheses

Step-by-step explanation: Parentheses always go first because if you look at the work PEMDAS, P= parentheses, E= exponents, M= Multiplication, D= division, A= addition, and S= subtraction.

f(x) = 7_4z
20
What is the value of f (6).?
0-0
10
10
5
O
O
15

Answers

Answer:

f(6) = [tex]\frac{3}{5}[/tex]

Step-by-step explanation:

substitute x = 6 into f(x)

f(6) = [tex]\frac{6^2-4(6)}{20}[/tex] = [tex]\frac{36-24}{20}[/tex] = [tex]\frac{12}{20}[/tex] = [tex]\frac{3}{5}[/tex]

Can you please help me

Answers

yes i can help you out here

Alonso's family rented a car when they flew to
Orlando for a 4-day vacation. They paid $39
per day and $0.09 for each mile driven. How
much did it cost to rent the car for 4 days and
drive 350 miles, not including tax?

Answers

Answer:

$187.5

Step-by-step explanation:

39 (4) + 0.09 (350)

156 + 31.5

$187.5

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Answer:

$187.5

Step-by-step explanation:

You need to multiply the daily cost by the days. In this case, 39*4 = 156. Then, we can get the cost for the miles driven, being 0.09*350 = 31.5.

We can now add the two numbers together:

156 + 31.5 = $187.5

The ticket sales at a movie theater were $4,740. Adult tickets are $15, and senior tickets are $10. The
number of senior tickets sold was 37 less than twice the number of adult tickets. Determine the
number of adult tickets and number of senior tickets sold.

How many adult tickets were sold?

How many senior tickets were sold?

Answers

Answer: 291 with a remainder of 375

Step-by-step explanation: What you need to do first is multiply the senior tickets by 37 which is 370. Now subtract 4,740 by 370 which equals 4370. Then divide 4370 by 15. 4370 divided by 15 equals 291. Multiply 291 by 15 (just to find the remainder) which equals 4,365. 4,740 subtracted by 4,365 equals 375. So the answer is 375

The US government spent
$2500 billion. If 21% was
spent for Social Security, how
much was that

Answers

Answer:

If your number was 250,000,000,000

The amount of social security would be 52,000,000,000

Step-by-step explanation:

Communicate and Justify Which is
Greater, 4/7 x 1/4 or 4/7 x 1/6? Explain.

Answers

It should be noted that 4/7 x 1/4 is greater than 4/7 x 1/6.

How to illustrate the information?

It should be noted that we are to find the value that is bigger between 4/7 x 1/4 or 4/7 x 1/6.

Therefore 4/7 x 1/4 will be:

= 4/7 × 1/4

= 1/7

Also 4/7 x 1/6 will be:

= 4/7 × 1/6

= 2/21

Therefore, it should be noted that 4/7 x 1/4 is greater than 4/7 x 1/6.

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Which number is a rational number?
13
16
9
|୯
2
V34
√49

Answers

Answer:

49

Step-by-step explanation:

2) Let a =i+2j-7k and b=5i-2j+4K Find
a) a.b
b) axb
C) The direction cosine of axb
D) The Unit Vector Perpendicular to both a&b​

Answers

a) Dot product: recall that

i • i = j • j = k • k = 1

i • j = i • k = j • k = 0

Then

a • b = (i + 2j - 7k) • (5i - 2j + 4k)

a • b = 5 (i • i) - 4 (j • j) - 28 (k • k)

a • b = 5 - 4 - 28

a • b = -27

b) Cross product: recall that

i × i = j × j = k × k = 0

i × j = -(j × i) = k

j × k = -(k × j) = i

k × i = -(i × k) = j

Then

a × b = (i + 2j - 7k) × (5i - 2j + 4k)

a × b = -2 (i × j) + 4 (i × k) + 10 (j × i) + 8 (j × k) - 35 (k × i) + 14 (k × j)

a × b = -12 (i × j) - 6 (j × k) - 39 (k × i)

a × b = -6i - 39j - 12k

c) Recall the dot product identity

x • y = ||x|| ||y|| cos(θ)

We have

||a × b|| = √((-6)² + (-39)² + (-12)²) = 9√21

Then the direction cosines α, β, γ of a × b are

(a × b) • i = ||a × b|| ||i|| cos(α)

⇒   cos(α) = -6/(9√21) = -2/(3√21)

(a × b) • j = ||a × b|| ||j|| cos(β)

⇒   cos(β) = -39/(9√21)

(a × b) • k = ||a × b|| ||k|| cos(γ)

⇒   cos(γ) = -12/(9√21) = -4/(3√21)

d) a × b is perpendicular to both a and b, so we can get a unit vector by scaling this down by its magnitude. This is the same as the vector of direction cosines:

(a × b)/||a × b|| = (-6i - 39j - 12k)/(9√21)

(a × b)/||a × b|| = -2/(3√21) i - 39/(9√21) k - 4/(3√21) k

Does anyone know the answer to 0.038 ounces to mg? Please

Answers

Answer:

1,077.281879 mg is the answer

Shermika practices basketball for two hours each day. Write an expression for the number of hours she practices in D days

Answers

The proportional relation that tells us how many hours she practices basketball in D days is:

H = 2*D

How to write an expression for the number of hours she practices in D days?

We know that Shermika practices basketball for two hours each day, then in one day she will practice 2 hours, in 2 days she will practice 4 hours, and so on.

We want to find an expression that relates the number of hours practiced, H, in D days.

If she practices 2 hours per day, then in D days she will practice a total of:

H = 2*D

This is just a proportional relation that tells us how many hours she practices basketball in D days.

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The graph of a normal curve is given. Use the graph to identify the value of and . μ sigma

Answers

From the given graph the value of μ is 530 and the value of σ is 15.

In the Normal Curve the value at which the shape of the graph is highest is called it's mean(μ) and the value on the left of mean is μ-σ and the value on the right of the mean is μ + σ .

In the Given question

the shape of the graph is highest at 530,

hence the value of mean(μ) = 530.    ....(i)

we know that the value on the left of mean is μ-σ .....(ii)

From the graph the value to the left of mean(μ) is 515.    ...(iii)

Equating equation (ii) and (iii) we get ,

μ-σ = 515

Substituting the value of  μ from equation (i) we get ,

530 - σ = 515

σ = 530 - 515

σ = 15

Therefore , From the graph the value of μ is 530 and the value of σ is 15.

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during last year my car depreciated by 30%. If the value of my car is $25,000 today, then what was the value of my car one year ago?

Answers

The value of my car one year ago was $35,714.3

INTEREST FORMULA: The interest formula includes two types of interests - simple interest and compound interest. Interest is the cost a borrower pays a lender for a loan. This additional sum, or the interest, must be paid in addition to the loan itself. The compound interest formula and the simple interest formula are both discussed in the interest formula.

Present value of the car = A = $25,000

Depreciation rate = r = 30% per annum

Time = t = 1 year

Let the initial value be p

We know the formula, A = P(1 – r/100)^t

$25,000 = P [1 – 30/100] ^1

$25,000 = P (7/10)

P = (25,000 * 10) / 7

P = $35,714.3

Therefore, One year ago, my car's value was worth $35,714.3.

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How to write an expression for number of tokens needed for v video games if each game takes 4 tokens

Answers

Answer: 4v

Step-by-step explanation:

If 4 tokens are needed for each video game, then you multiply 4 by the number of video games v.

For example, 3 video games, each requiring 4 tokens, would require a total of 12 tokens. This can be also defined as:

v = 3

4*(3) = 12


A phone company offers two monthly charge plans. In Plan A, the customer pays a monthly fee of $1.90 and then an additional 6 cents per minute of use. In
Plan B, there is no monthly fee, but the customer pays 7 cents per minute of use.

For what amounts of monthly phone use will Plan A Cost than Plan B?
Use m for the numbers of minutes of phone use in a month, and solve your inequality for m.

Answers

Step-by-step explanation:

sadly you skipped the key word in the question.

should we check under what circumstances plan A costs more than plan B ? or costs less than plan B ?

so, I don't know which inequality to solve.

but I can tell you the facts, and you need to pick the right direction for your answer.

cost of plan A for used minutes m :

cA(m) = 1.9 + 0.06m

plan B

cB(m) = 0 + 0.07m = 0.07m

to find the intersecting point, where both plans cost the same :

1.9 + 0.06m = 0.07m

1.9 = 0.01m

m = 1.9 / 0.01 = 190 minutes

up until 190 minutes plan B is cheaper.

if there are more than 190 minutes, than plan A is cheaper.

so,

m < 190 B is cheaper

m > 190 A is cheaper

m = 190 A and B cost the same

nafissa have eaten 60 apple 1day. so how many apple will she eat within 1week​

Answers

Answer: 420

Step-by-step explanation:

60 apples per day times 7 days in a week = 420

Scores of an IQ test have a​ bell-shaped distribution with a mean of 100 and a standard deviation of 20. Use the empirical rule to determine the following. ​(a) What percentage of people has an IQ score between 80 and 120​? ​(b) What percentage of people has an IQ score less than 60 or greater than 140​? ​(c) What percentage of people has an IQ score greater than 160​?

Answers

Using the Empirical Rule, the percentages are given as follows:

a) 68%.

b) 5%.

c) 0.15%.

What does the Empirical Rule state?

It states that, for a normally distributed random variable, approximately:

68% of the values in the distribution are within 1 standard deviation of the mean.95% of the values in the distribution are within 2 standard deviations of  the mean.99.7% of the values in the distribution are within 3 standard deviations of the mean.

For item a, 80 and 120 are within one standard deviation of the mean, hence:

68% of people has an IQ score between 80 and 120.

For item b, the bounds are within two standard deviations of the mean, hence 5% of the observations are outside this interval, that is:

5% of people has an IQ score less than 60 or greater than 140.

For item c, 160 is three standard deviations above the mean. Considering the symmetry of the normal distribution, 0.3/2 = 0.15% of people has an IQ score greater than 160​?.

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100 more than 365 is equal to 65more then

Answers

Answer:

x = 400

Step-by-step explanation:

100 more than 365 is equal to 65more then

we can solve with an equation

100 + 365 = 65 + x

100 + 365 - 65 = x

465 - 65 = x

400 = x

------------

check

100 + 365 = 65 + 400

465 = 465

the answer is good

If the perimeter of the irregular figure is 35 2/3 cm, then what is the missing side length?

The two numbers on top are 4 3/4 and 3 1/2
the ones inside left to right is 1 1/3 1 1/3 again and 3 1/2
Then the one in the outside bottom is 9.25 cm
The one at the right outside is 6.6 cm
Left outside is the missing one

srry for bad photo quality

Answers

The missing side of the figure if the perimeter is 35 2/3 cm, is calculated as: 10.9 cm.

How to Find the Perimeter of a Figure?

The perimeter of a figure is the total length surrounding the figure.

We are given that the figure shown below has a perimeter of 35 2/3 cm, which means all the total length of all its sides equals 35 2/3 cm.

To find the missing length, sum all the given lengths and subtract it from the perimeter of the figure.

Sum of all the given lengths =  4 3/4 + 3 1/2 + 1 1/3 + 1 1/3 + 3 1/2 + 9.25 + 6.6 = 4.75 + 2.3 + 1.3 + 1.3 + 2.3 + 9.25 + 6.6

Sum of all the given lengths =  27.8 cm

The missing side = 38 2/3 - 27.8 = 38.7 - 27.8

The missing side = 10.9 cm.

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1/4 of a pizza is 150 calories how much is a whole pizza?

Answers

Since we know that 1/4 is a part of the pizza, we can multiply 150 by 4 to find the whole pizza 150x4=600 the answer is 600

37+1/2-(x+1/4)=9(4x-7)+5

Answers

X = 381/148
i think it can be simplified, im not sure

7/20 convertir de fracción a decimal

Answers

Answer: 0.35

Step-by-step explanation:

7/20 = 0.35

0.35 x 20 = 7

-14= -4 + u/5
Solve for u

Answers

Answer:

u = -50

Step-by-step explanation:

First let's carry the -4 to the other side and get u/5 by itself

-14 = -4 + u/5

+4     +4

-10 = u/5

The next step is to try and get rid of the u, and in order to do that we have to multiply by 5 on both sides

-10 = u/5

*5       *5

-50 = u

So u should equal -50.

_____
You can also check this answer by plugging it back into the original problem

-14 = -4 -50/5

-14 = -4 -10

-14 = -14

The statement is true, so -50 is our answer for sure.

Hope this helps :)

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