Answer: Bond A = $14,000
Bond B = ₦6,000
Explanation:
We can solve by setting up mathematical equations.
Let A and B be used to express the dollar amounts invested at 8% and 10% respectively.
Capital invested equation becomes A + B = 20,000 - - - - - eq 1
Percentage interest equation becomes 8% of A + 10% of B = 1,720
To remove percentages we multiply through by 100, which gives
8A + 10B = 172,000 - - - - - - eq 2
So we have two simultaneous equations.
To solve, we multiply eq 1 by 10 so by subtraction we can eliminate B, then solve for A. Eq 1 becomes
10A + 10B = 200,000 - - - - eq 3
Subtract eq 2 from eq 3
(10A - 8A) + (10B - 10B) = 200000 - 172000
2A = 28000
A = 28000/2 = $14,000
A + B = 20000 from eq 1
Now A is 14000
14000 + B = 20000
B = 20000 - 14000
B = $6,000
Therefore capital invested is $14000 for bond A and $6000 for bond B
Four investment alternatives are hedge funds, futures, stocks, and bonds. If you are looking for more: mutual funds, annuities, and real estate are others.
The politician has more power and position to resist consequences.
<u>Explanation:</u>
The gatherings individuals have a place with on account of their place or position in history and society. All individuals have a social area that is characterized by their sex, race, social class, age, capacity, religion, sexual direction, and geographic area is known as Social location.
Social location is significant in light of the fact that it recognizes that all individuals in a general public don't think the same or experience reality similarly. In spite of numerous favorable circumstances, individuals in progressively special positions can be oblivious to the social experience of the individuals who have experienced separation or persecution.
