​Betsy, a recent​ retiree, requires ​$6,000 per year in extra income. She has ​$60,000 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 ​$6,000 in interest per​ year?

Answers

Answer 1

$37,500 should be invested in B-rated bonds and $22,500 should be invested in a certificate of deposit in order to realize exactly $6,000 in interest per year.

The total amount to be invested is $60,000. We are given two options for investing the money.The money can be invested either in B-rated bonds, which pays ​13% interest per year, or in a certificate of deposit​ (CD), which pays 5​% interest per year.Let the amount to be invested in B-rated bonds be 'x'. The amount to be invested in a certificate of deposit equals 60,000-x. The requirement is to get an exact amount of interest that equals $6000. The total interest per year = 13% of 'x' + 5% of (60,000-x).6,000 = 13x/100 + 5(60,000-x)/100.6,00,000 = 13x + 5(60,000-x)6,00,000 = 13x + 300,000-5x6,00,000 = 8x + 300,0008x = 300,000x = 300,000/8x = 37,500Now calculate the value of 60,000-x.60,000-x = 60,000-37,50060,000-x = 22,500Thus, the amount to be invested in B-rated bonds is $37,500 and the amount to be invested in a certificate of deposit is $22,500.

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Related Questions

How much will each person get if 5 people share 1/3 a pond of candy

Answers

[tex]\stackrel{\textit{lbs of candy}}{\cfrac{1}{3}}\div \stackrel{people}{5}\implies \cfrac{1}{3}\div\cfrac{5}{1}\implies \cfrac{1}{3}\cdot \cfrac{1}{5}\implies \stackrel{\textit{lbs of candy}}{\cfrac{1}{15}}[/tex]

I NEED HELP ASAP WITH THESE QUESTIONS

1. The sum of twice a number and 5

2. Twice the sum of a number and 5

3. The square of five more than a number

Answers

Answer:1.2x+5 2.2(x+5) 3.(x+5)^2

Step-by-step explanation:

IV. Are these ratios equivalent? 12 birds to 60 animals 17 birds to 85 animals Yes No​

Answers

Answer:

True

Step-by-step explanation:

Both fractions simplify to 1/5 and thus are equivalent

The length of a rectangle is 3m less than double the witch, and the area of the rectangle is 27m^2. Find the dimensions of the rectangle.

Answers

Answer:

the area of the rectangle is A=L•W

The length is 3m less than twice its width W: L+ 3m=2W...->, L=2W-3m

A=L-W

27m²=(2W-3m)-W

27m2=2w2-3m-W

2w2-3wm-27m2=0

....use quadratic formula -(-3m)+ (-3m)²-4-2-(-27m²)

W=

2-2

w=(3m± √9m²+216m²)

w=(3m+ √225m²)

W=(3m± 15m...you need only positive root because width cannot be negative

W= 3m+15m

4

W=. 4

18m

W=4.5m ......now find the L

L=2.4.5m-3m

L=9m-3m

L=6m

Answer:

W = 4.5cm

L = 6cm

Step-by-step explanation:

Part 2 of 2

You invested $15,000 in two accounts paying 4% and 7% annual interest, respectively. If the total interest earned for
the year was $960, how much was invested at each rate?

Answers

$3000 and $12000

If you know the principal amount, the rate of interest, and the time periods, you can use the simple interest formula to calculate the interest.

The following is a simple interest formula:

   SI = P *R * T /100

Where SI = simple interest

Principal (P)

interest rate, or R (in percentage)

T is the time period (in years)

The following formula is used to determine the overall sum:

Sum (A) = Principal (P) + Interest (I)

Where,

The entire amount repaid at the conclusion of the borrowing period is indicated by the letter (A).

You can also write the total amount formula for simple interest as follows:

A = P(1 + RT)

X+Y = $15000

0.04x + 0.07y = 960

0.04x + 0.07 ( 15000 - x) = 960

0.04x + 1050 - 0.07x = 960

0.03x = 90

x = $3000

y= $12000

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Translate this phrase into an algebraic expression.
The sum of 17 and twice Matt's score
Use the variable m to represent Matt's score.

Answers

Answer:

17 + 2 x m

Step-by-step explanation:

sum is to add and twice is to multiply by 2

Yard Professionals Inc. experienced the following events in Year 1, its first year of operation:



Performed services for $26,500 cash.
Purchased $7,200 of supplies on account.
A physical count on December 31, Year 1, found that there was $1,510 of supplies on hand.


Required

Based on this information alone:

Record the events under an accounting equation.
Prepare an income statement, balance sheet, and statement of cash flows for the Year 1 accounting period.
What is the balance in the Supplies account as of January 1, Year 2?
What is the balance in the Supplies Expense account as of January 1, Year 2?

Answers

1. Recording the events under an accounting equation is as follows:

                      Assets      =  Liabilities +  Equity

             Cash  +   Supplies              Common Stock + Revenue - Expenses    

1.          $26,500                                                             $26,500

2.                           $7,200   $7,200

3.                            (5,690)                                                                  ($5,690)

Balance $26,500  $1,510   $7,200                             $26,500   -     $5,690

2. The preparation of the income statement, balance sheet, and statement of cash flows for the Year 1 accounting period is as follows:

Yard Professionals

Income Statement

For the Year 1 accounting period

Revenue                 $26,500

Supplies Expense     (5,690)

Net income             $20,810

Yard Professionals

Balance Sheet

Year 1 accounting period

Cash                               $26,500

Supplies                             $1,510

Total assets                    $28,010

Accounts Payable           $7,200

Equity: Net income          20,810

Total liabilities + equity $28,010

Yard Professionals

Statement of Cash Flows

For the Year 1 accounting period

Net income               $20,810

Supplies                        (1,510)

Accounts Payable       7,200

Cash (Operations)  $26,500

3. The balance in the Supplies account as of January 1, Year 2 is $1,510.

4. The balance in the Supplies Expenses account as of January 1, Year 2 is $5,690.

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If f(x) = 2ax + b/x-1, lim x→0 f(x) = -3, lim x→∞ f(x)=4, prove that: f(2)= 11. ​

Answers

If

[tex]f(x) = \dfrac{2ax+b}{x-1}[/tex]

Note that

[tex]f(2) = \dfrac{4a+b}{2-1} = 4a+b[/tex]

From the given information we have

[tex]\displaystyle \lim_{x\to0} f(x) = \lim_{x\to0} \frac{2ax+b}{x-1} = \frac{0+b}{0-1} = -b = -3 \\\\ ~~~~ \implies b=3[/tex]

and

[tex]\displaystyle \lim_{x\to\infty} f(x) = \lim_{x\to\infty} \frac{2ax+b}{x-1} = \lim_{x\to\infty} \frac{2a+\frac bx}{1-\frac1x} = \frac{2a+0}{1-0} = 2a = 4 \\\\ ~~~~ \implies a=2[/tex]

It follows that

[tex]f(2) = 4\cdot2+3 = 11[/tex]

as required.

A baby American bison weighs 20kg. A baby blue whale weighs 100 times as great as a baby American bison. how much does a baby blue whale weigh

Answers

a baby blue whale weigh= 2000 kg

Simple equation :

A linear equation that involves only one variable is known as a simple equation or a linear equation in one variable. For example, \(3x + 2 = 23,x = 7,2x + 6 = 3x – 4,\)etc., are simple equations.Let us assume a situation, in which you go to the market to buy mangoes in a supermarket. Your mother gave you Rs.100 and said that you can keep Rs.40 for buying chocolates and for the remaining amount, you need to buy mangoes. When you went to the market, you found out that the price of one kg of mangoes was Rs.12. So, the final question is how many mangoes you should buy, so that everyone is satisfied. Recall the concept of simple equations from previous classes and proceed. Let us assume that you have to purchase kg of mangoes, so the total amount of money that you will be spent on buying mangoes will be Rs.12x. Now, you have Rs.40 for yourself, so you have an equation:

12 x + 40 = 100

12x = 100 – 40

12x = 60

x = 60/12 = 5, This is the same equation as above. Now when you will solve this, you will get to know the value of 5kg of mangoes. It means that you can buy 5 kg mangoes and spend Rs.40 on buying chocolates

weigh: to measure how heavy something is, especially by using a machine (scales)

given :

A baby American bison weighs=20kg

The solution according to Question  =

Let the weight of baby blue whale = b

the baby blue whale weighs =100(a baby American bison)

b=100(20)

b=2000 weigh

a baby blue whale weigh= 2000 kg

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A rectangle has a perimeter of 50 feet. The length is 5 feet more than the width. Find the width and length of the rectangle.

Answers

The width of the rectangle = 10 ft

The length of the rectangle = 15 ft.

What is the Perimeter of a Rectangle?

The formula for the perimeter of a rectangle is given as:

Perimeter = 2(length + width).

Let x represent the width of the rectangle

Width of the rectangle = x

Length of the rectangle = x + 5

Perimeter of the rectangle = 50 ft

Thus, we would have the following equation:

2(x + 5 + x) = 50

2(2x + 5) = 50

4x + 10 = 50

4x = 50 - 10

4x = 40

4x/4 = 40/4

x = 10

Width of the rectangle = x = 10 ft

Length of the rectangle = x + 5 = 10 + 5 = 15 ft.

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Four thousand five hundred eleven ten-thousandths in standard decimal form?

Answers

five thousand 600 days

please help with this question the question is in the attached image

Answers

The coefficient matrix for the given system of equations is as follows:

[tex]\left[\begin{array}{ccc}2&-6&-1\\-10&9&5\\3&0&5\end{array}\right][/tex]

What is a system of equations?

A system of equations is when two or more variables are related, and equations are built to find the values of each variable.

The augmented matrix of a system is composed as follows:

The first column has the coefficients of x.The second column has the coefficients of y.The last column has the results, that is, the values of the other side of the equality.

In standard notation, this system is given as follows:

2x - 6y = -1.-10x + 9y = 5.3x + 0y = 5.

Hence the augmented matrix is given by:

[tex]\left[\begin{array}{ccc}2&-6&-1\\-10&9&5\\3&0&5\end{array}\right][/tex]

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Graph the line with slope -1 passing through the point (-1, -2).

Answers

Step-by-step explanation:

find point (-1,-2)

go down one

go to the right one

repeat

draw line with arrows at each end

done!

What number multiplied by 7/9 as a product of one

Answers

7/9 times 9/7 has a product of 1. A number times it’s reciprocal always equals 1.

The number multiplied by 7/9 to get a product of one will be 9/7.

What is an arithmetic operation?

It is defined as the operation in which we do the addition of numbers, subtraction, multiplication, and division. It has basic four operators that are +, -, ×, and ÷.

Suppose the number when multiplied by 7/9 as a product of one be x,

When the product of two numbers is 1, they are termed multiplicative inverses. To make the expressions simpler, use the multiplicative inverse. When we solve division problems, the multiplicative inverse is one application. When dividing two numbers, the dividend is multiplied by the reciprocal of the divisor.

x × 7/9 = 1

x=9/7

Thus, the number multiplied by 7/9 to get a product of one will be 9/7.

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Ride tickets at the fair can be bought in
packs of 5 tickets for $8.75 or 3 tickets for
$6.25. Simone wants to buy 15 tickets. At
these rates, how much more will she spend
if she only buys packs of 3 tickets?

Answers

She will spend 5 dollars extra if she only buys packs of 3 tickets.

What is a numerical expression?

A numerical expression is written in form of numbers and their operations.

According to the given question we can buy 15 tickets in two ways either buying 5 packs which contain 3 tickets and cost 6.25 dollars each pack or we can buy 3 packs which contain 5 tickets which costs 8.75 dollars.

For the first case if we buy 5 packs of tickets that contain 3 tickets it will cost (5×6.25) dollars = 31.25 dollars.

In the second case buying 3 packs of tickets that contain 5 tickets that will cost us (3×8.75) = 26.25 dollars.

∴ She will spend (31.25 - 26.25) = 5 dollars she will spend extra if she only buys packs of 3 tickets.

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fx(7)(87x+7y)(5)⁴is equal to the root of?

Answers

I believe this is the answer your looking for. If not I’m so sorry.

You invested ​$27,000 in two accounts paying 4% and 7% annual​ interest, respectively. If the total interest earned for the year was $1440 how much was invested at each​ rate?

Answers

a = amount invested at 4%.

b = amount invested at 7%.

we know that whatever "a" and "b" may be, they total 27000, so we can say that a + b = 27000, likewise we can say that b = 27000 - a.

how much will it be for 4% of "a"? well, that's just (4/100) * a, or 0.04a.

how much will it be for 7% of "b"? well, that's just (7/100) * a, or 0.07b.

we also know that the earned interest by those two interest amounts is 1440, so

[tex]\begin{cases} a + b = 27000\\ b = 27000 - a \end{cases}\hspace{5em}0.04a~~ + ~~0.07b~~ = ~~1440 \\\\\\ \stackrel{\textit{substituting "b"}}{0.04a~~ + ~~0.07(27000-a)~~ = ~~1440}\implies 0.04a+1890-0.07a=1440 \\\\\\ 1890-0.03a=1440\implies -0.03a=-450\implies a=\cfrac{-450}{-0.03} \\\\\\ 15000=\textit{\LARGE a}\hspace{15em}\stackrel{27000~~ - ~~15000}{\textit{\LARGE b}=12000}[/tex]

1 fluid oz = ______
please answer asap

Answers

29.57353 mL, 0.0078125 gallons, depends what conversion factor your translating to if those two weren’t it than just search a conversation calculator up.

I need help with math ngl

Answers

Answer:

Oldest to newest:

10^-35, 10 ^-10, 0

Step-by-step explanation:

Scientific notation

To figure out the power of 10 think "how many places do I move the decimal point?"

When the number is 10 or greater the decimal point moves to the left, and the power of 10 is positive.

When the number is smaller than 1 the decimal point moves to the right, so the power of 10 is negative.

Find the slope of (8,9) and (23,9)

Answers

Step-by-step explanation:

you mean the slope of the line between (8, 9) and (23, 9).

we can see that right away, as the y value does not change. it means it is a flat line, and that means the slope is 0.

now, formally :

the slope of a line is (y coordinate change / x coordinate change) when going from one point on the line to another.

the direction does not matter, but once we pick one for the comparison of one coordinate, we have to use the same direction also for the other.

I prefer to go from left to right.

so, from (8, 9) to (23, 9).

x changes by +15 (from 8 to 23).

y changes by 0 (from 9 to 9).

the slope is therefore 0/+15 = 0.

R,S,Q and P are midpoints of OC, Cb, BA and OA OR=a CS=b and OP=c show that RS is parallel to PQ PLS HELP

Answers

Given

R, S, Q and P are midpoints of OC, CB, BA and OA,OR = a, CS = b and OP = c

To prove

RS is parallel to PQ

Solution

Find RS

RS = RC + CS = a + b, since RC = OR = a

Find AQ

AB = AO + OC + CBAB = - 2c + 2a + 2b. since AO = -2OP = - 2c, OC = 2OR = 2a, CB = 2CS = 2c AQ = 1/2AB = 1/2(- 2c + 2a + 2b) = - c + a + b

Find PQ

PQ = PA + AQ = c - c + a + b = a + b, since PA = OP = c

Compare RS and PQ

RS  =  PQ = a + bBoth vectors have same value, hence they are parallel.

Sandra bought 4 bars of chocolate and a packet of nuts for $11.50. If a bar of chocolate costs $0.50 less than a packet of nuts, find the cost of a packet of nuts

Answers

Answer:

A packet of nuts costs $2.70

Step-by-step explanation:

Let C represent the cost of a bar of chocolate and P represent the cost of a packet of nuts

4 bars of chocolate will cost $4C

1 packet of nuts costs $P

Total price Sandra paid is $11.50

This can be represented using

4C + P = 11.50    (1)

A bar of chocolate costs $0.50 less than a packet of nuts. So

P - C =0.50  

-C + P = 0.50   (2)

Multiply eq (2) by 4 to get

-4C + 4P = 4 x 0.50

-4C + 4P = 2   (3)

Add equations (1) and (3) to eliminate the 4C term

4C + P - 4C + 4P = 11.50 + 2

P+4P = 13.50

5P = 13.50

Dividing by 5 on both sides

5P/5 = 13.50/5

P = 2.70

So a packet of nuts costs $2.70  (Answer)

To verify this is correct,

Use equation (2) to get

-C + P = 0.50

-C + 2.70 = 0.50

Add C to both sides

-C + 2.70 + C = 0.50 + C

2.70 = 0.50 + C

Subtract 0.50 from both sides

2.70-0.50 = 0.50 + C - 0.50

2.20 = C which is C= 2.20

Plug this value into equation (1)

4(2.20) + 2.70 = 8.80 + 2.70 = 11.50

So verified that answers are correct

The area of a certain desert (Desert 1) is eight times the area of another desert (Desert 2). If the sum of their areas is
27,000,000 square miles, find the area of each desert.
What is the area of Desert 1?

Answers

Answer:

1687500

Step-by-step explanation:

If their sum is 27,000,000 then their are millions of ways to find this answer. like one can be 13500000. But that answer is obviously incorrect. If you divide that by 8, your answer will be 1687500.

How can you recognize when two integers are opposite numbers? Opposite numbers are always to the right of zero on the number line. Opposite numbers are always to the right of zero on the number line. Opposite numbers are the same distance from zero on both sides of the number line. Opposite numbers are the same distance from zero on both sides of the number line. Opposite numbers have one even number and one odd number. Opposite numbers have one even number and one odd number. Opposite numbers are always negative.

Answers

One can recognize when two integers are opposite numbers as C. Opposite numbers are the same distance from zero on both sides of the number line.

How to illustrate the information?

It should be noted that opposite numbers are given as being 0 when added.

For example, the addition of 3 and -3 will be equal to 0.

Therefore, one can recognize when two integers are opposite numbers as Opposite numbers are the same distance from zero on both sides of the number line.

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shonda went for a drive in her new car. She drove for 147.5 miles at a speed of 59 miles per hour. For how many hours did she drive?

Answers

Answer:

2.5

Step-by-step explanation:

By Using s = d/ t

So t = d / s

t = 147.5 / 59= 2.5

a 3 gallon bottle of bleach costs 15.84. what is the price per cup?

Answers

Any more detailsss? Like any more numbers or info

Answer: $0.33 per cup

Step-by-step explanation:

15.84/3 to find the price per 1 gallon.

15.84/3 = 5.28 per gallon

There are 16 cups in a gallon, so divide the price of a single gallon by 16.

5.28/16 = price per cup

5.28/16 = .33

The price for each cup of bleach is $0.33.

5. A population with mean = 37 and standard deviation = 6 is standardized so that the new mean is 50 and the new standard deviation is 10. A scale of 40 on the first scale is equivalent to what score on the new standardized scale?

Answers

Using z-scores, it is found that a scale of 40 on the first scale is equivalent to a score of 55 in the new standardized scale.

What are z-scores?

The z-score of a measure X of a distribution with mean represented by [tex]\mu[/tex] and standard deviation represented by [tex]\sigma[/tex] is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

It measures how many standard deviations the measure is above(in case the score is positive) or below(in case the score is negative) the mean. Looking at the z-score table, the p-value associated with the z-score is found, which represents the percentile of the measure X.

For the first scale, the parameters are given as follows:

[tex]X = 40, \mu = 37, \sigma = 6[/tex]

Hence the z-score is:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

Z = (40 - 37)/6

Z = 0.5.

For the second scale, we want to find X when Z = 0.5, considering the following mean and standard deviation:

[tex]\mu = 50, \sigma = 10[/tex]

Hence:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

0.5 = (X - 50)/10

X - 50 = 5

X = 55.

A scale of 40 on the first scale is equivalent to a score of 55 in the new standardized scale.

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Two planes, which are 2940 miles apart, fly toward each other. Their speeds differ by 35mph. If they pass each other in 4 hours, what is the speed of each?

Answers

Answer:

385 mph350 mph

Step-by-step explanation:

You want the individual speeds of airplanes that close the 2940 mile distance between them in 4 hours, and have a speed difference of 35 mph.

Setup

The closing speed is found using the relation ...

  speed = distance/time

It is ...

  (2940 mi)/(4 h) = 735 mi/h

If x represents the speed of the slower plane, then (x+35) is the speed of the faster one. The sum of their speeds is the closing speed:

  x +(x +35) = 735

Solution

Simplifying, we have ...

  2x +35 = 735

  2x = 700 . . . . . . subtract 35

  x = 350 . . . . . . . divide by 2

  x+35 = 385 . . . . speed of the faster plane

The speeds of the planes are 350 mph and 385 mph.

Find the mystery number. It is a common multiple of 2,5 and 7. It has 3 digits. The sum of the digits is 10. The number is less than 500

Answers

The number is 280

In mathematics, Least Common Multiple is referred to by its entire name, whereas Highest Common Factor is its complete name. The L.C.M. defines the least number that is exactly divisible by two or more numbers, whereas the H.C.F. describes the biggest factor existing between any given pair of two or more numbers. LCM is also known as the Least Common Multiple (LCM), and HCF is also known as the Greatest Common Factor (GCF).

Two key techniques—the division method and the prime factorization approach—can be used to determine H.C.F. and L.C.M.

So we need to find the LCM of 2,5 and 7. Furthermore, we need to find multiply the LCM with a number which can make its sum of digits equal to 10.

LCM of 2,5 and 7 is 70

70 x 4 = 280

Sum of digits of 280 is 10, which is also less than 500

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X^2+7x=8 find the solutions

Answers

The value of x is 1 and -8.

To solve this problem we need to understand the concept of quadratic equation.

To solve Quadratic equation we need to understand the concept of equation which says the factor of the product of coefficient of [tex]x^{2}[/tex] and constant must on adding or substracting give the coefficient of x.

Here the equation is [tex]x^{2} +7x-8=0[/tex]

The product of coefficient  is 8. The factors of 8 is 8 and 1 which gives 7 on substracting.

Now,

[tex]x^{2} +8x-x-8=0[/tex]

⇒[tex]x(x+8)-1(x+8)=0\\[/tex]

⇒[tex](x-1)(x+8)=0[/tex]

∴ x=1,-8.

So, the required values of x is 1 and -8.

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the desert temperature, h, oscillates daily between 40f at 5am and 80f at 5pm. write a possible formula for h, measured in hours from 5am, using the form h Exercise 1 Circle the number in front of each complex sentence.Douglass continued to fight for reform until his death in 1895, when he collapsed following a woman suffrage meeting. 25) Which of these numbers cannot be a probability? (There is more than one answer.)A -0.02B0C 1.002D 1 Why was Bridge Bishop likely targeted for witchcraft? The ____ language was used to write utilities and operating systems, including unix and windows. In 2008, the number of digital cameras shipped totaled 186 million. There were 24 million shipped in 2013. Find andinterpret the average rate of change in the number of digital cameras shipped per year. in the u.s government a memeber if the senate serves for 4 years longer than a member of the House of Representatives. If a member of the House of Representatives serves for h years, write an expression for how many years a member of the senate serves . A patient who has no health insurance is being sent home without care to reduce hospital costs. which action taken by the nurse best demonstrates the principle of justice? why is the potassium atom larger than the kypton atom The economic dependence that sent small farmers downward on the agricultural ladder was called ______. Suppose that you are considering purchasing a ticket to go to a concert with some friends. what is your opportunity cost? What are the expectations placed on top managers today, unlike those placed on traditional top-level management positions in the past? (choose every correct answer.) You are working in a child development center. you notice that one of your kids, an 18-month-old girl, seems to be exhibiting the asymmetric tonic neck reflex. is this a concern? A biologist recorded plant heights in centimeters:23, 21, 3, 31, 27, 28, 32, 24, 30The outlier is removed from the data set. By how many centimeters doesthe range decrease? Help Green gardens, a landscaping company, combines with tree huggers, a tree trimming company, to form a company called land lovers. this scenario illustrates a(n):_________ 45% of what number is 90? Even though the american mafia does not have written rules, it does have an elaborate set of ___________ that govern behavior. A cylinder has a height of 5 feet and a diameter of 2 feet. Which measurement is closest to the volume of thecylinder in cubic feet?62.8 ft15.7 ft378.5 ft3157.1 ft3 Question 1 (1 point)A block has a density of 1.73 g/mL. What is the block's density in mg/L?172 concepts of developing scientific and critical thinking skills among students