She invested $11,250 in the stock, $3,750 in the CD and $12,000 in the bond fund.
<h3><u>Distributions</u></h3>
Given that Sylvia invested a total of $27,000, and she invested part of the money in a certificate of deposit (CD) that earns 3% simple interest per year, she invested in a stock that returns the equivalent of 7% simple interest, and she invested in a bond fund that returns 2%, and she invested three times as much in the stock as she did in the CD, and earned a total of $1140 at the end of 1 yr, to determine how much principal did she put in each investment, the following calculation must be made:
- 9000 x 0.07 + 3000 x 0.03 + 15000 x 0.02 = 630 + 90 + 300 = 1020
- 9900 x 0.07 + 3300 x 0.03 + 13800 x 0.02 = 693 + 99 + 276 = 1068
- 12,000 x 0.07 + 4,000 x 0.03 + 11,000 x 0.02 = 840 + 120 + 220 = 1,180
- 11400 x 0.07 + 3800 x 0.03 + 11800 x 0.02 = 798 + 114 + 236 = 1148
- 10800 x 0.07 + 3600 x 0.03 + 12600 x 0.02 = 756 + 108 + 252 = 1116
- 11160 x 0.07 + 3720 x 0.03 + 12120 x 0.02 = 781.2 + 111.6 + 242.4 = 1135.2
- 11190 x 0.07 + 3730 x 0.03 + 12080 x 0.02 = 783.3 + 111.9 + 241.6 = 1136.8
- 11250 x 0.07 + 3750 x 0.03 + 12000 x 0.02 = 787.5 + 112.5 + 240 = 1140
Therefore, she invested $11,250 in the stock, $3,750 in the CD and $12,000 in the bond fund.
Learn more about distribution in brainly.com/question/10250387
The square root of 24 simplifys to:
√24
2√6
Since √6 is inbetween √4 and √9, it is somewhere in between 2 and 3. Really, the best option is to use a calculator.√24 is approximately 4.9. <span />
Step-by-step explanation:
The answer is 62/15.
I can't explain it bc I'm taking a test rn but still-
<span>We are given the slope and the y-intercept.
m=-6/7, b=3 1/7
We use the slope-intercept form of the equation of the line to get an equation.
y = mx + b
y = -6/7x + 3 1/7
Now we need standard form.
The x- and y-terms must be on the left side, and we need integer coefficients.
y = -6/7x + 22/7
Multiply both sides by 7.
7y = -6x + 22
Add 5x to both sides.
6x + 7y = 22
</span>
I am pretty sure a is the correct answer
