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Elden [556K]
3 years ago
11

A retired woman has $180,000 to invest. she has chosen one relatively safe investment fund that has an annual yield of 9% and an

other, riskier fund that has a 13% annual yield. how much should she invest in each fund if she would like to earn $18,000 per year from her investments?
Business
1 answer:
Zepler [3.9K]3 years ago
6 0
Solution:  
Let the amount invested in scheme which yields 9% be x and amount invested in scheme which yields 13% be y.  
x + y = 180000 --equation 1 
0.09x + 0.13y = 18000 --equation 2  
Balancing the equations, multiply equation 1 with 0.09 and equation 2 with 1,  
0.09x + 0.09y = 16200 -equation 3
 0.09x + 0.13y = 18000 --equation4  
Subtracting equation 4 from 3, 
 -0.04y = -1800  
y = 45000 
 Now putting value of y in equation 1, 
 x + 45000 = 180000 
 x = 135000 
 The amount to be invested in scheme which yields 9% = $135,000
 The amount to be invested in scheme which yields 13% = $45,000
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Answer:

A) 3% decrease in the quantity demanded of pineapple.

Explanation:

We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.

In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.  

Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%

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Answer: A. Design/ pre construction.

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<em>I hope this information can help you.</em>

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You are now 20 years of age and decide to save $100 at the end of each month until you are 65. If the interest rate is 9.2%, how
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Giving the following information:

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Answer:

If management decides to eliminate this product line, the company’s net income will reduce by $22,000

Explanation:

<em>A product should be shut down if doing so would make the savings in fixed costs associated with the product to exceed the lost contribution. Other wise , the product should remain.</em>

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  1. <em>Lost contribution from the product to be shut down</em>
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Net loss from shut down = $(22,000)

If management decides to eliminate this product line, the company’s net income will reduce by $22,000

                     

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