1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
SOVA2 [1]
3 years ago
12

Omar invested his savings in two investment funds. The $6000 that he invested in Fund A returned a 3% profit. The amount that he

invested in Fund B returned a 10% profit. How much did he invest in Fund B, if both funds together returned a 8% profit?
Business
1 answer:
photoshop1234 [79]3 years ago
6 0

Answer:

Investment in fund b = $15,000

Explanation:

Let us assume  funds invested in fund b = x while the sum total of funds invested in fund a & b = Y .ie Y = $6000 + x

Fund A returned $6000 * 3/100 = $180

Fund B returned = x & 10/100 = x/10

8%y(total returns) = funds a returns + fund b returns

8%y = $180 + (x/10)

let is replace y with 6000 + x

(6000 +x) * 8% = 180 + (x/10)

480+ 8x/100 = 180 + (x/10)

480 - 180 = (x/10) - (8x/100)

300 =        (10x - 8x )/100

300 = 2x/100

300*100 = 2x

30,000 = 2x

x = 15, 000

You might be interested in
If you were an engineer of an actual roller coaster, what information would you need to know in order to ensure that your coaste
Radda [10]
You would need to know <span>Newton's laws of motion.</span>
8 0
3 years ago
Read 2 more answers
How can an employee keep hot held foods safe from contamination
Otrada [13]
The employee can keep the hot held food at 60 degrees Celsius. The employee can also check that the hot held equipment is hot before use and set the temperature setting at at 60 degrees or hotter.
3 0
3 years ago
1. Health maintenance organizations, or HMOs, differ from the indemnity insurance system by: A. Reimbursing either the provider
Stels [109]

Answer:

Health Maintenance Organizations or HMOs

How different from the indemnity insurance system?

D. Taking responsibility for both financing and delivering health care services to a defined group of beneficiaries.

Explanation:

HMOs are healthcare maintenance organizations which coordinate the provision of health services and care to registered patients.  They provide health insurance services to their patients for a monthly fee.  They ensure cost-effectiveness in healthcare delivery through their coordination efforts.

On the other hand, indemnity insurance system involves some contractual agreements in which one party (the insurer or insurance company) guarantees compensation for actual or potential losses or damages sustained by another party (the insured).

6 0
3 years ago
For each of the users of accounting​ information, identify whether the user is an external decision maker​ (E) or an internal de
REY [17]

Answer:

Four of the concepts are external decision makers and the other four are internal decision makers.

Explanation:

a. customer E

b. pany manager I

c. Internal Revenue Service I

d. lender E

e. investor E

f. controller I

g. cost accountant I

h. SEC E

3 0
3 years ago
A company wants to determine its reorder point (R). Demand is variable and they want to build a safety stock into R. The company
victus00 [196]

Answer: 27.28 units

Explanation:

From the question, we are told that a company wants to determine its reorder point (R) and that demand is variable and they want to build a safety stock into R. We have also been given the information that the company wants to have a service level of 95 percent and that average daily demand is 8, lead time is 3 days and the standard deviation of demand during lead time is 2.

It should be noted that a service level of 95% will have a desired z score of 1.64. To get the desired value of R, we multiply the average daily demand by the number of the days in lead time and then add to the multiplication between the standard deviation during the lead time and the desired z score. Mathematically, this will be expressed as:

= (8 × 3) + (2 × 1.64)

= 24 + 3.28

= 27.28

Therefore, the desired value of R = 27.28 units

8 0
3 years ago
Other questions:
  • What characteristics would make an encryption absolutely unbreakable? what characteristics would make an encryption impractical
    8·1 answer
  • Which of the following is the best subject line for an e-mail sent to co-workers about rescheduling a team meeting?
    14·2 answers
  • Kirsten is trying to decide where to go for her well earned vacation. She would like to camp, but if the weather is bad, she wil
    14·1 answer
  • To a macroeconomist, a trade deficit is synonymous with which of the following?
    8·1 answer
  • The Supplies account for Vulcan Cleaning Services had a debit balance of $200 at the beginning of the month. Additional supplies
    15·1 answer
  • For february, sales revenue is $700,000; sales commissions are 5% of sales; the sales manager's salary is $96,000; advertising e
    13·1 answer
  • Information needed by external entities in order to evaluate business performance is provided by:
    12·1 answer
  • What is the acronym for SCAMBER?​
    15·1 answer
  • hina's growth rate of real GDP in 2005 and 2006 was 10.5 percent a year and its population growth rate was 0.5 percent a year. I
    10·1 answer
  • The job order cost system for a service business includes all of the following except a.materials and supplies inventory. b.cost
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!