a bug travels up a tree, from the ground, over a 30-second invertal. It travels fast at first, and then it slows down. It stops
for 10 seconds, then proceed slowly, speeding up it goes. Which sketch best illustrates the bugs distance (d) from the ground over the 30-second interval (t)? Please do not send me a link because it doesn't work.
1 answer:
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Let x be the amount of money, you fund in Fund A and y be the amount of mone yyou fund in Fund B.
1. You have 250,000 In an IRA at the time you retire and want to invest this money into Funds A and B, then
2. Fund A pays 1.2% (as a decimal 1.2% is 0.012) annually, then is annual interest income in Fund A.
Fund B pays 6.2% (as a decimal 6.2% is 0.062) annually, then is annual interest income in Fund B.
Since Fund A and Fund B produce an annual interest income of $8,000, then
3. Solve the system of equations:
Express x from first equation and substitute it into the second equation
Multiply this equation by 1000:
Then
Answer: you have to fund $150,000 in Fund A and $100,000 in Fund B.