Answer:
$3220
Step-by-step explanation:
A man invests $1000 in a 12-month certificate of deposit paying 8% interest.
So, after 1 year his money will become from the certificate deposit = $
Again the man invest $2000 in municipal bonds that pays 7% a year.
So, after 1 year his money will become from the municipal bond = $
Therefore, total yearly return from both the above investment will be $[(1080 + 2140) -(1000 + 2000)] = $220 (Answer)
Answer:
It will take a little over an hour
Answer:
70 miles per hour
Step-by-step explanation:
We want to find the average speed. We should find the speed in miles per hour, so we must divide the miles traveled by the hours.
miles/hours
We traveled 280 miles in 4 hours.
280 miles/4 hours
Divide.
70 miles / hour
The average speed is 70 miles per hour.