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Alexandra [31]
3 years ago
10

A mother earned $​8750.00 from royalties on her cookbook. She set aside​ 20% of this for a down payment on a new home. The balan

ce will be used for her​ son's future education. She invests a portion of the money in a bank certificate of deposit​ (CD account) that earns​ 4% and the remainder in a savings bond that earns​ 7%. If the total interest earned after one year is ​$420.00​, how much money was invested at each​ rate?
Mathematics
1 answer:
Masteriza [31]3 years ago
5 0

The problem statement is not clear regarding which money is invested. We will assume it is the 80% of $8750 that is set aside for future education. That amount is

... 0.80 × $8750 = $7000

If x represents the amount invested at 7%, then the total interest earned is

... (7000 -x)×4% + (x)×7% = 420

... 280 +0.03x = 420

... x = 140/0.03 ≈ 4666.67

$4666.67 was invested at 7%.

$2333.33 was invested at 4%.

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Answer:

8

Step-by-step explanation:

8 division unless it multiplication

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3 years ago
The greater of two numbers is 5 more than the smaller. If the
xenn [34]

Answer:

First number = 4

Second number = 9

Step-by-step explanation:

If the first number = x, the second number = x + 5.

The calculation can be expressed as follows:

x + 2(x + 5) = 22

First, expand the bracket 2(x + 5):

x + 2x + 10 = 22

Combine like terms:

3x + 10 = 22

Subtract 10 from both sides:

3x = 12

Divide both sides by 3:

x = 4

First number = 4

Second number = 4 + 5 = 9

5 0
1 year ago
HELP ME: A camera usually sells for $68. Because it was slightly damaged, it sold for $59.90, what was the rate of the discount
soldier1979 [14.2K]
12%
$68 - 59.9 = $8.1
$8.1/$68 = 0.11911764705
0.11911764705 x100 = 11.911764705
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12%
4 0
1 year ago
Read 2 more answers
Belize is a small country in Central America. The
shepuryov [24]

Answer:

60 inches

Step-by-step explanation:

<em>30% of 200 inches = 200 inches * 30%</em>

<em>30% = 0.3</em>

Substitute: 200 inches * 0.3

Multiply: 60 inches

5 0
3 years ago
Considere as seguintes afirmações: I. O inverso de 0,2 é 5. II. O triplo de \frac{2}{5} é \frac{6}{15}. III. A metade de 0,5 é \
Alex777 [14]

Answer:

I e III

Step-by-step explanation:

Recebemos declarações na questão acima para considerar.

Declaração I. O inverso de 0,2 é 5.

Matematicamente, isso é escrito como:

1 / 0,2

0,2 = 2/10

Portanto: 1 ÷ 2/10 = 1 × 10/2

= 5

Afirmação 1 é verdadeira

Declaração II.

O triplo de 2/5 é 6/15.

Triplo de 2/5 = 2/5 + 2/5 + 2/5

= 2 + 2 + 2/5

= 6/5

= 1 1/5

Declaração II é falsa

III. A metade de 0,5 é 1/5

1/2 de 0,5

= 1/2 × 0,5 = 0,25

Convertendo em fração

= 0,25 = 25/100

= 1/4

Declaração III está correta

Portanto, as afirmações verdadeiras são I e III

8 0
2 years ago
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