What factors maintain differences between countries/religion

A man has $245,000 invested in three properties. One earns 12%, one 10% and one 8%. His annual income from the properties is $23

astraxan [27]

Answer:

for 8% investment = $110000

for 12% investment = $55000

for 10% investment = $80000

annual income for each property is

x amount for 8% investment = $8800

y amount for 12% investment = $6600

z amount for 10% investment = $8000

Explanation:

Given data

investment = $245000

rate 1 = 12%

rate 2 = 10%

rate 3 = 8%

annual income = $23400

rate = 8% twice that invested at 12%

to find out

invested in each property and the annual income from each property

solution

let us consider x amount for 8% investment

and consider y amount for 12% investment

and consider z amount for 10% investment

from question we say, 8% is twice that invested at 12%

x = 2y ........1

and

x + y + z = 245000 .............2

put 1 in equation 2

2y + y + z = 245000

z = 245000 - 3y ...................3

and we can say that

0.08x + 0.12y + 0.10z = 23400 ...........................4

put equation 1 and 3 in 4

0.08(2y) + 0.12y + 0.10( 245000 - 3y ) = 23400

0.16y + 0.12y - 0.3y = -1100

0.02y = 1100

y = $55000

so x = 2(y) = 2(5500) = $110000

and z = 245000 - 3(55000) = $80000

so annual income for each property is

x amount for 8% investment = 0.08 × 110000 = $8800

y amount for 12% investment = 0.12 × 55000 = $6600

z amount for 10% investment = 0.10 × 80000 = $8000

4 0

2 years ago

Suppose you manage a convenience mart and are in charge of ordering products but do not set the price. The home office provides

lakkis [162]

Answer:

c) 10% more peanut butter on the shelves

Explanation:

Since peanut butter has a negative income elasticity of demand (-0.5) with a decrease in income, there should be an increase in the demand. This is usually true for cheaper goods or goods with low added value. The change in demand (D) is represented as follows:

$D=20\% * 0 .5\\D=10\%$

As a result, you should stock 10% more peanut butter on the shelves.

The answer is c).

5 0

2 years ago

3.63 cubic yards + 1.53 cubic yards

Lady_Fox [76]

5.16 cubic yards is the answer.

6 0

2 years ago

g When a monopolistically competitive industry is in long-run equilibrium: Multiple Choice price equals marginal cost. firms ear

kozerog [31]

Answer:

price equals minimum average total cost

Explanation:

As we know that in the short run, the firms earns the economic profit but in the long run when a new firm is entered into the indusry and there is a market share so the demand of the market is to be shared by each firm due to which the demand would be less

So this represents that price is equivalent to the average total cost

Hence, the last option is correct

8 0

2 years ago

Which of the following statements is true of content marketing?

Aloiza [94]

Answer:

A

Explanation:

In today's marketing the use of material such as video, sound, webinars among others is essential, especially with the rise of the internet and advertising channels such as webpages and blogs.

8 0

2 years ago