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leva [86]
3 years ago
14

Twenty years ago, you began investing $250 a month. because your investments earned an average of 8 percent a year, your investm

ent portfolio has a current dollar value of $145,000. how much did you earn on your investments over the 20-year period of time?
Business
2 answers:
DaniilM [7]3 years ago
3 0
You invest $250/mo. over 12 months that equals $3,000 invested per year.
$250*12=$3,000/per year invested
$3,000 per year for 20 years equals $60,000 invested.
$3,000*20=$60,000 invested
8% of $60,000 is $4,800/per year.
0.08*$60,000=$4,800
$4,800 per year for 20 years equals $96,000 dollars earned on investments over 20 years.
butalik [34]3 years ago
3 0

Answer:

earning on investment in 20 year is  $67,240

Explanation:

Given data:

monthly investment is $250

interest rate is 8%

if monthly investment is 250 then yearly will be =  12× 250 =$3000

interest amount on yearly will  be  = 3000 × 0.08 = 240

so total amount will be in on year is = $3240

so total investment in 20 year is  = 3240 × 20 = $77,760

current dollar value is $145,000

earning on investment in 20 year is =  145,000 - 77,760 = $67,240

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slega [8]
Let
x = minutes used for jogging
y = minutes used for handball
z = minutes used for cycling

Th total time spent is 1 hour (60 minutes), therefore
x + y + z = 60

Because Mike jogs as long as he cycles, therefore
x = z
Therefore
2x + y = 60
or
y = 60 - 2x                 (1)

Jogging consumes 10 calories/min, handball consumes 9 calories/min and cycling consumes 12 calories/min.
The calories consumed in 60 minutes is 580, therefore
10 x + 9y + 12z = 580
Because x = z,
22x + 9y = 580          (2)

Substitute (1) into (2).
22x + 9(60 - 2x) = 580
22x + 540 - 18x = 580
4x = 40
x = 10
y = 60 - 2x = 40
z = x = 10

Answer:
10 minutes of jogging
40 minutes of handball
10 minutes of cycling.

4 0
3 years ago
It is always possible to identify all the causes of a problem completely. please select the best answer from the choices provide
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It false that the causes of a problem can always possible to identify completely.

<h3>What is problem solving?</h3>

This is defined as the process of finding solution to a task that seems difficult. It is a skill, hence applied after a problem has been identified.

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A manager that looks at loans and deposits increases and decreases among other things to measure the bank's liquidity position i
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Answer:

The answer is letter C

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A real estate agent is considering changing her cell phone plan. There are three plans to choose from, all of which involve a mo
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Answer:

req 1)

Plan A

0.42 x 150 + 0.17 x 70 = 74.9

Plan B

0.52 x 150 + 0.15 x 70 = 88.5

Plan C  $80

req 2)

from 0 to 190 minutes Plan A

from 191 and beyond Plan C

req 3)

the proportion should be 1/6 daycalls and 5/6 evenings

Explanation:

150 day calls

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