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DIA [1.3K]
3 years ago
5

Ms. Adams received a bonus check for $12,000. She decided to divide the money among three different investments. With some of th

e money, she purchased a municipal bond paying 5.8% simple interest. She invested twice the amount she paid for the municipal bond in a certificate of deposit paying 4.9% simple interest. Ms. Adams placed the balance of the money in a money market account paying 3.7% simple interest. If Ms. Adams' total interest for one year was $534, how much was placed in each account?  A. municipal bond: $ 1500 certificate of deposit: $ 3000 money market: $ 7500 B. municipal bond: $ 2500 certificate of deposit: $ 5000 money market: $ 4500 C. municipal bond: $ 2000 certificate of deposit: $ 4000 money market: $ 6000 D. municipal bond: $ 1750 certificate of deposit: $ 3500 money market: $ 6750
Mathematics
2 answers:
ASHA 777 [7]3 years ago
4 0
I believe the answer is d. <span>municipal bond: $ 1750 certificate of deposit: $ 3500 money market: $ 6750</span>
olganol [36]3 years ago
4 0
Let the amount of
municipal bond be x
certificate of deposit 2x
money market (the rest) 12000-x-2x
Or 12000-3x
So
.058x+.049(2x)+.037(12000-3x)=534
Solve for x
X=2000 municipal bond
2000×2=4000 certificate of deposit
12000-3 (2000)=6000money market

The answer is c
Hope it helps

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Norma-Jean [14]
Hi there!

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It will look like this:
a - 1.6 + 1.6 = -3.7 + 1.6

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3 0
3 years ago
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A set of points in the xy-coordinate plane meets two conditions, as described.
Pepsi [2]

Answer:

Condition 1:   y>0

Condition 2:  x+y>-2

Step-by-step explanation:

We are told that we have a set of points in the Cartesian system (i.e. x-y coordinate), so we can define our point as:

(x,y)

We are given two conditions and we want to create a system of inequalities. Now, generally speaking, inequalities are expressions relating mathematical expressions through 'comparison' (i.e. less than, greater than, or less/greater and equal to) usually recognized by , >, \leq and \geq, respectively.

So in our case let set up our inequalities.

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This can be mathematically translated as

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Condition 2: the sum of the coordinates is more than -2

This can be mathematically translated as

x+y>-2

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The system of inequalities described by the two conditions is:

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3 0
4 years ago
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Yakvenalex [24]
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4 0
2 years ago
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posledela

Answer:

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5 0
3 years ago
If 2000 dollars is invested in a bank account at an interest rate of 4 per cent per year, then what is the amount in the bank af
frozen [14]

Answer:

A = $ 2,541.48

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I (interest) = $ 541.48

Step-by-step explanation:

4 0
3 years ago
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