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3 years ago

Chris received $50,000 from his grandparents as a graduation gift. So, he has decided to invest the money

Mathematics

1 answer:

GenaCL600 [577]3 years ago

7 0

Answer: $7142.86

Step-by-step explanation:

Let the amount to be invested in the bond be represented by y.

Based on this, the amount to be invested in the CD will be: = 50000 - y.

From the information given, yearly interest on bond is 12%, this will be:

= 12% × y = 0.12 × y = 0.12y

Also, interest on CD will be:

= 5% × (50000 - y)

= 0.05(50000 - y)

Then, the equation to get the amount to be invested in bond will be:

0.12y + 0.05(50000 - y) = 3000

0.12y + 2500 - 0.05y = 3000

0.12y - 0.05y = 3000 - 2500

0.07y = 500

y = 500/0.07

y = 7142.8571

y = 7142.86

The amount to be invested in bond will be $7142.86

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3 years ago

Contains the point (-1, 2) and is parallel to x – 2y = -3

ivanzaharov [21]

Answer:

see explanation

Step-by-step explanation:

The equation of a line in slope- intercept form is

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Rearrange x - 2y = - 3 into this form

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y = $\frac{1}{2}$ x + $\frac{3}{2}$ ← in slope- intercept form

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• Parallel lines have equal slopes, thus

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To find c substitute (- 1, 2) into the partial equation

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3 years ago

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12345 [234]

Answer:

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Step-by-step explanation:

Use the Pythagoras Theorem

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3 years ago

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disa [49]

Answer:

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