Answer:
At 6% $3,529.412 will be invested
At 11% $6,470.588 will be invested
Explanation:
Let x be the investment for 6% stock
And (10,000-x) is the investment it 11% stock
Let I be interest earned on both investments.
Using the formula
Principal(p)= Interest(I)*Rate(r)*Time(t)
p/RT= I
So considering both investments
x/(6%*1)= (10,000-x)/(11%*1)
x/0.06= (10,000-x)/0.11
Cross-multiply
0.11x= 0.06(10,000-x)
0.11x= 600- 0.06x
Rearranging
0.11x+ 0.06x= 600
0.17x= 600
x= 600/0.17= 3,529.412 amount invested at 6%
Amount invested at 11%= 10,000-3,529.412
= 6,470.588
Hi!
<em>Option C is correct.</em>
<em></em>
Explanation of the choices:
A. - This seems a good choice, however it's not the best choice. Let's come back to it.
B. - This is the best choice because they get to experience first-hand how to manage and make their own money decisions. Choice A might seem good at first, but we can see this is better because they get to make their own decisions and experience hands-on how to do it.
C - This is not a good choice, because it's best to expose children early so they can grow up knowing how to do it.
D - This choice doesn't make sense. What is the point of money if you store it away and don't spend it? This will likely not be a good lesson in the future.
Hope this helps! :D
Answer:
Binding
$100
200
200
Shortage
Explanation:
A price ceiling is when the government or an agency of the government sets the maximum price for a good.
A price ceiling is binding when the price ceiling is below the equilibrium price.
To find the equilibrium price, equate qs to qd because at equilibrium, quantity supplied is equal to quantity demanded.
2P = 300 - P
3P = 300
P = 100
Equilibrium price is $100.
$100 > $90. Therefore, price ceiling is binding.
To find quantity supplied, plug in the value of P into the equation for quantity supplied
QS = 2(100) = 200
To find quantity demanded, plug in the value of P into the equation for quantity demanded
QD = 300 - 100 = 200
when price is below equilibrium price, quantity demanded increases while the quantity supplied decreases. This leads to a shortage.
I hope my answer helps you
The answer to this question is: <span>groups have equal and balanced composition.
</span>Which means that each groups in experimental research are not displaying the too mcuh difference in term of average characteristics.
This will make sure that the data that acquired during the research are stable and can be trusted (not affected by a special variance)
Answer:
C
Explanation:
will increasethr firm's capital structure weight of dept.
