Davos has $150,000 to invest. His intent is to earn 7.5% interest on his investment. Davos will invest part of the money at 5.6% interest and part at 9.7% interest. How much does Paul need to invest in each option to earn a 7.5% return on the $150,000? Round to the nearest dollar.

Answers

Answer 1

Answer:

The amount invested on 5.6% interest = $80488

The amount invested on 9.7% interest = $69512

Step-by-step explanation:

Given that total amount of investment = $150,000

Let the amount invested on 5.6% interest = $[tex]x[/tex]

Now, amount invested on 9.7% interest = $(150000-[tex]x[/tex])

Total interest to be earned = 7.5%

Formula to be used:

[tex]Simple\ Interest = \dfrac{P\times r\times t}{100}[/tex]

Where, [tex]P[/tex] is the amount invested

[tex]r[/tex] is the rate of interest

[tex]t[/tex] is the time for which amount is invested.

As per question statement:

[tex]\dfrac{x\times 5.6}{100}+\dfrac{(150000-x)\times 9.7}{100}=\dfrac{150000\times 7.5}{100}\\\Rightarrow 5.6x-9.7x=150000(7.5-9.7)\\\Rightarrow 4.1x=150000\times 2.2\\\Rightarrow x = \dfrac{330000}{4.1}\\\Rightarrow x \approx \bold{\$80488}[/tex]

The amount invested on 5.6% interest = $80488

The amount invested on 9.7% interest = $150000 - $80488 = $69512


Related Questions

What is 5 x 100 + 3 + 10 + 8 x 0.1 + 9 x 0.009

Answers

Answer:

513.881

Explanation: (Credits to jessy276)

= 5*100+3+10+8*0.1+9*0.009

= 500+3+10+8*0.1+9*0.009

= 500+3+10+0.8+9*0.009

= 500+3+10+0.8+0.081

= 503+10+0.8+0.081

= 513+0.8+0.081

= 513.8+0.081

= 513.881

Answer:

The answer is 513.881

Step-by-step explanation

How many bars of soap are in each package?

Answers

Answer:

3 bars of soap in each packet Pls mark me brainliest

Step-by-step explanation:

paul and jenn are building a new patio they are looking at home improvement stores for square tiles

Answers

Whats the full question and options? Comment and ill answer it! :)

How do unicellular organisms respond to their environment?

Answers

Answer:

Unicellular organisms sometimes move toward or away from things in their environment.

Step-by-step explanation:

Unicellular organisms can move in two distinct ways—movement and locomotion.

. Can you make a quadrilateral with the side lengths, 6, 7, 8 and 20?

Answers

Answer:

no you cannot

Step-by-step explanation:

A football team has an away game, and the bus breaks down. The coaches decide to drive the players to the game in cars and vans.
Four players can ride in each car. Six players can ride in each van. There are 48 players on the team. The equation 4.3 + 6y = 48
models this situation, where x is the number of cars and y is the number of vans

Answers

Answer     2x and 7y

Step-by-step explanation:

Question:

Find 4 possible solutions in the context of the problem.

The 4 possible solutions in the context of the problem are (0, 8), (3, 6), (6, 3), and (9, 2)

Given the equation that models the situation expressed as:

4x + 6y = 48

We are to find 4 possible solutions for x and y. Note that the values of x and y must be integers.

If there are no cars i.e. at when x = 0

4(0) + 6y = 48

0 + 6y = 48

6y = 48

y = 48/6

y = 8

One of the solution is (0, 8)

If there are 3 cars, i.e. at when x = 0

4(3) + 6y = 48

12 + 6y = 48

6y = 48 - 12

y = 36/6

y = 6

The second solution will be (3, 6)

If there are 6 cars, i.e. at when x = 6

4(6) + 6y = 48

24 + 6y = 48

6y = 48 - 24

y = 24/6

y = 4

The third solution will be (6, 3)

If there are 9 cars, i.e. at when x = 9

4(9) + 6y = 48

36 + 6y = 48

6y = 48 - 36

y = 12/6

y = 2

The fourth solution will be (9, 2)

Hence the 4 possible solutions in the context of the problem are (0, 8), (3, 6), (6, 3), and (9, 2)

Learn more here: https://brainly.com/question/2159099

Which equation represents a line which is parallel to the line y = 4x – 5?

Answers

Answer:

Any answer that has the same slope and a different y-intercept

Step-by-step explanation:

They need to have the same slope so that they never intersect

They need to have different y-intercepts so that they are not directly on top of each other

what is 54x32
bTW thIS iS foR mY aunT agaIN sO yeaH plZ hElP mEh

Answers

Answer:

1728

Step-by-step explanation:

Answer:

1728

Step-by-step explanation:

54*32=1728

At a wedding reception, the guests have a choice of chicken or steak for dinner. Do
more people prefer chicken or steak? Do more people under 40 prefer chicken or
steak?
Chicken Steak
Total
Under 40
39
21
60
40 or older
34
31
65
Total
73
52
125
a) More people prefer chicken. Also, more people under 40 prefer chicken.
b) More people prefer steak. Also, people under 40 prefer steak.
c) More people prefer chicken. However, more people under 40 prefer steak.
O d) More people prefer steak. However, more people under 40 prefer chicken.
i

Answers

Answer:

i think its a

Step-by-step explanation:

What is the slope of the line? PLEASE HELP

Answers

the slope of this line is 1
I’m pretty sure the slope would be one but I could be wrong

Find the 82nd term of arithmetic sequence-10,6,22,...

Answers

Answer:

23456787

Step-by-step explanation:

0.1 + 0.3 please help on this.​

Answers

Answer:

0.4

Step-by-step explanation:

[tex]0.1 + 0.3 = 0.4[/tex]

Answer:

0.4

Good Luck!!!

Please Help Me, it’s due soon!!! Picture is attached

Answers

It would be C sorry if it’s wrong tho

Her findings are as follows: At 6 a.m., the temperature was 52° F. For the next 6 hours, the temperature rose 2° per hour. For the next 4 hours, it rose 1° per hour. The temperature then stayed steady until 6 p.m. For the next 2 hours, the temperature dropped 3° per hour. The temperature then dropped steadily until the temperature was 59° at midnight.

I WILL GIVE BRAINLIEST JUST ANSWER PLS!!!

Answers

Answer:

The parameters given are arranged in a tabular form as follows;

At

Time                                            Temperature

6 a. m.                                            56° F

7 a. m.                                             59° F

8 a. m.                                             62° F

9 a. m.                                             66° F

10 a. m.                                           70° F

11 a. m.                                            74° F

12 p. m.                                           74°F

1 p. m.                                             74°F

2 p. m.                                            74°F

3 p. m.                                            74°F

4 p. m.                                            74°F

5 p. m.                                            74°F

6 p. m.                                            74°F

7 p. m.                                            71°F

8 p. m.                                            68°F

9 p. m.                                            65°F

10 p. m.                                           62°F

11 p. m.                                            61.5°F

12 a. m.                                            61°F

With the above table as the data points, the graph can be drawn

From Excel, The Mean temperature is approximately 68.1°F

The standard deviation is 6.079 °F

Solve the equation.

10n-100=6n
what is n

Answers

N = 25

10n-100=6n

We move all terms to the left:

10n-100-(6n)=0

We add all the numbers together, and all the variables

4n-100=0

We move all terms containing n to the left, all other terms to the right

4n=100

n=100/4

n=25
-Answer
I think “n” is 6
————————
Explanation-
Because of the question they are asking 10?-100=6?

Pure substances cannot be separated into any other kinds of matter, while a mixture is a combination of two or more pure substances. ... A pure substance has constant physical and chemical properties, while mixtures have varying physical and chemical properties

Answers

Answer:

True

Step-by-step explanation:

The above statement is true because a mixture is a combination of two or more substances. and this is done physically ( not chemically as seen in compounds) which in turn gives rise to the varying physical and chemical property that a mixture possess , while a pure substance is inseparable while maintaining a constant physical and chemical property as well

A stray dog ate 30 of your muffins. That was 2/3 of all of them. How many are left?

Answers

There’s 15 muffins left

Cora and Cameron are at a pool Carl dives in and touches the bottom of the pool 15 feet below the surface of the water Cameron is standing on a diving platform 2 feet above the service waiting for his turn what is the vertical distance between Carl's and and Cameron's feet

Answers

Answer:

17 feet

Step-by-step explanation:

Here, we want to calculate the vertical distance between Carl’s and Cameron’s feet

Since Carl is at the base of the pool, the distance between the water surface and the base of the pool will be 15 feet

We are also told they Cameron is on a diving platform 2 feet above;

So the distance between the two of them will be ;

15 feet + 2 feet = 17 feet

When 9 is multiplied by a number, the result is 90.
Which equation fits this statement?
A
X-9 = 90
B
x=9= 90
9+ x = 90
9x = 90

Answers

9x = 90 is the answer of the question

What is the solution: 4x - 1 = 10 + 4x

Answers

Answer:

0=11

Step-by-step explanation:

Answer:

There is NO SOLUTION, therefore the statement is false.

Explanation:

After you cancel equal terms on both sides of the equation, there’s no remaining value.

The Call First cell phone company charges $45 per month and an additional $0.24 for each text message sent during the month. Another cell phone company, Cellular Plus, charges $65 per month and an additional $0.23 for each text message sent during the month.

Answers

Answer:

2000

Step-by-step explanation:

Let [tex]x[/tex] be the total number of text messages sent per month in order for the plans to cost the same each month.

The first cell phone company, The Call, charges $45 per month and $0.24 per text message for the month.

So, the total cost as per the plan of The Call, for x text messages during the month, is

[tex]C_1= 45+0.24x\cdots(i)[/tex]

Another cell phone company, Cellular Plus, charges $65 per month and $0.23 per text message for the month.

So, the total cost as per the plan of Cellular Plus, for x text messages during the month, is

[tex]C_2= 65+0.23x\cdots(ii)[/tex]

As the cost for both the companies are the same, so, compute the number of text messages, x, during the month by equation [tex]C_1[/tex] and [tex]C_2[/tex] from equation (i) and (ii), we have

[tex]C_1=C_2[/tex]

[tex]\Rightarrow 45+0.24x=65+0.23x[/tex]

[tex]\Rightarrow 0.24x - 0.23x=65-45[/tex]

[tex]\Rightarrow 0.01 x = 20[/tex]

[tex]\Rightarrow x = 20/0.01[/tex]

[tex]\Rightarrow x= 2000[/tex]

Hence, there must be 2000 text message to be sent during the month in order to have the same cost from both the companies.

Eight teams of high school students helped clean up trash in the community. Afterwards, they shared 47 pizzas equally. How many pizzas did each team get?

Answers

Answer:

We know that 8 teams of students shared 47 pizzas.

The only thing we can assume is that the 47 pizzas where divided evenly between the teams, so the number of pizzas that each team gets is equal to the quotient between 47 and 8, or:

47/8 = 5.875

But this is not a whole number, and this happens because 47 is not a multiple of 8.

Then we can do:

47 = 40 + 7

And 40 is a multiple of 8.

40/8 = 5

Then each team got 5 whole pizzas, and there are 7 pizzas left.

Now, we can assume that each pizza has 8 slices.

Then there are left 7*8 = 56 slices.

And when we divide those by the number of teams, we have:

56 /8 = 7

So each team gets 7 slices from the remainder pizzas.

Then we can conclude that each team gets 5 whole pizzas and 7 slices.

Find the measure of angle one…. PLEASE HELP!!!!!!

Answers

Answer:

Step-by-step explanation:

9x - 5 = 58

9x = 63

x = 7

<2 = 32°

7y + 27 + 58 + 32 = 180

7y + 117 = 180

7y = 63

y = 9

for <1: x + 58 = 180

       x = 122°

what is the next number 5, 10, 30, 60, 180, __

Answers

The answer is 360

Explanation:

5 x 2 = 10

10x3=30

30x2=60

60x3=180

180x2 = 360

Answer:

The answer is 360

Step-by-step explanation:

Because the pattern is x2, x3

so the next would be 360 and the next would be 1080

write an expression that is equvalient to 3/5 (3y+15)

Answers

Answer:

not mine but yeah <3

Step-by-step explanation:

You found a unit rate that compares dollars earned per hours worked at the coffee shop.Is there another unit rate you could write for this relationship? What does that unit ratemean in the context of the situation? What is the related constant of proportionality?

Answers

Answer:

See Explanation

Step-by-step explanation:

The question is incomplete. However, I'll assume the following.

Unit Rate = $10 per 2 hours

Solving further, we have that:

1. Yes, there is another unit rate that can be written.

Unit Rate = $10 per 2 hours

Convert Rate to fraction

[tex]Unit\ Rate = \frac{\$10}{2\ hours}[/tex]

Divide numerator and denominator by 2

[tex]Unit\ Rate = \frac{\$5}{1\ hour}[/tex]

Simplify:

[tex]Unit\ Rate = $5/hour[/tex]

2.  The unit rate implies that the earnings is $5 per hour

3. The constant of proportionality

Let y represent the earnings

x represent work hours.

We have:

[tex]y = kx[/tex]

Where k = constant of proportionality

In this case:

[tex]y = 10[/tex]

[tex]x = 2[/tex]

Substitute these values in [tex]y = kx[/tex]

[tex]10 = k * 2[/tex]

[tex]10 = 2k[/tex]

Divide both sides by 2

[tex]5 = k[/tex]

[tex]k = 5[/tex]

Hence: The unit of proportionality is 5

Apply the above steps in your question

What are the first three common multiples of 3 and 9?

Answers

Answer:

9,18,27

Step-by-step explanation:

9 is a multiple of 3 so the first 3 multiples of 9 are the same as the first 3 multiples of 3 and 9.

Another store, Healthy Pets, sells dog food in 50-pound bags for $92.13 per bag. If one bag of food from Pets Galore costs $48.15, how much would Seth save by buying 150 pounds of dog food from Pets Galore instead of from Healthy Pets?

Answers

Answer:

$140.91

Step-by-step explanation:

50 pounds = 1 bag

150 pound bags = 150 ÷ 5

3 bags

Another store, Healthy Pets, sells dog food in 50-pound bags for $92.13 per bag.

1 bag = $92.13

3 bags = x

Cross Multiply

x = 3 × $92.13

$276.39

If one bag of food from Pets Galore costs $48.15

1 bag = $48.15

3 bags = x

x = 3 × $48.15

x = $135.48

The amount would Seth save by buying 150 pounds of dog food from Pets Galore instead of from Healthy Pets is

$276.39 - $135.48

= $140.91

The answer must be an explanation and equation

Answers

Answer:

(4.91, 3.5)

Step-by-step explanation:

6x+21y=103

+

-6x+23y=51

=

44y=154

y=3.5

6x+21(3.5)=103

6x+73.5=103

6x=29.5

x=4.91

(4.91, 3.5)

Answer:

The answer is (4,6) because you would have to eliminate the -6 and 6 to get the y which would be 24y and then divide 154/24 which is roughly 6 and then put that in to get x which is roughly 4

you can also use elimiation for y as well

ERROR ANALYSIS Describe the error in solving the equation
Х
2(x + 1)2 + 3 = 21
2(x + 1)2 = 18
(x + 1)2 = 9
x + 1 = 3
x = 2
You must subtract 1 from each side before taking the square root.
The was not used when taking the square root.
You must take the square root before dividing each side by 2.
You must take the square root before subtracting 3 from each side.

Answers

Answer:

HSA.REI.A.2. Practice some problems before going into the exercise. ... Solving square-root equations: one solution ... When I solve a square-root equation, what is it exactly what I'm finding? ... So, do all quadratic equations have extraneous solutions? ... sqrt(x-2)^2=sqrt(1) equal x-2 = +/-1 and not +/-(x-2) = +/-1

i believe the answer is b.
Other Questions
Which statement explains what happens at the water table?Water rises to a place above the surface where people can collect it and use it for drinking water.Materials such as clay or granite prevent water from seeping into the ground at the water table.A boundary forms between an area filled with water and an area with both moisture and air.Water from rivers, lakes, and streams seeps into the ground and saturates it to reach the water table. What is the image of P(-8,4)? The Victor Company sells two products. The following information is provided: Product A Product BUnit selling price$100 $150 Unit variable cost$30 $70 Number of units produced and sold 20,000 60,000 What is the weighted average contribution margin per unit?A. $75.00B. $80.00C. $77.50D. $72.50 the top one i need help with please :))!! Convert 0.119cL to L Why does the transition of light waves from water to air make it seem as if fish and other things in a pond are shallower than they actually are? A moving object has 20 Joules of potential energy and has a mass of 10 kilograms. How fast is the object moving in meters per second? What is the role of bacteria and lightning in the nitrogen cycle ? Which sentence describes a species whose numbers are increasing?A. The species is moved from the endangered list to the extinct list.B. The species is placed on the endangered species list.C. The species is moved from the endangered list to the threatenedlist.O D. The species is moved from the threatened list to the endangeredlist. A rock is dropped from a cliff 80m above the ground. How long does it take to reach the ground ? All things being equal except the ratio of fixed assets to long-term liabilities, a lender would prefer to lend to a company whose ratio is: Explain how the Continental Army was able to succeed in the battle of Yorktown I honestly dont know loll At an instant when a soccer ball is in contact with the foot of the player kicking it, the horizontal or x component of the ball's acceleration is 810 m/s2 and the vertical or y component of its acceleration is 910 m/s2. The ball's mass is 0.40 kg. What is the magnitude of the net force acting on the soccer ball at this instant? Leah loves chicken wings and is comparing the deals at three different restaurants. Buffalo Bills has 888 wings for \$7$7dollar sign, 7. Buffalo Mild Wings has 121212 wings for \$10$10dollar sign, 10. Wingers has 202020 wings for \$17$17dollar sign, 17. To attend the concert, it costs $25 for parking plus $45per ticket. If Nick paid $250, how many tickets did hepurchase? What happens when you have a panic and an anxiety attack together? The perimeter of the rectangle below is 176 units. Find the value of x.3x + 14x + 3 please help me answer asap Just tell me the equation