The average annual return form stock investments historically is: a) 11.3% b) 12% c) 12.5% d) 20$

$16,281$⁢16,281 is invested, part at 15%15% and the rest at 13%13%. If the interest earned from the amount invested at 15%15% ex

aleksandr82 [10.1K]

Answer:

Ans. The amount invested at 13% was $1,595.97 and $14,685.03 were invested at 15%

Explanation:

Hi, you can solve this by using 2 equations, so let X be the portion of the money invested at 15% and Y be the amount invested at 13%. So the equation for the whole amount is:

$X+Y=16,281$

Now, the problem says that the money that you earn by investing at 15% exceeds the money received as interest in your investment of 13% by $1,995.27, this leads us to the second equation.

$0.15X=0.13Y+1995.27$

Now, to make it a little more friendly, we just have to go ahead and divide everything by 0.15, so we get.

$X=0.8667Y+13,301.8$

Now, in our first equation, we substitute X fo 0.8867(Y)+13,301.8 and we will see this.

$0.8667Y+13,301.8+Y=16,281$

Now, we solve for Y

$1.8667Y=16,281-13,301.8$

$Y=\frac{2,979.2}{1.8667} =1,595.97$

So the money invested at 13% was $1,595.97 therefore, the money invested at 15% was $16,281 - $1,595.97 = $14,685.03

And we can check this results like this. The money invested at 15% will return an amount of:

$14,685.03*0.15=2,202.75$

And the money invested at 13% will return

$1,595.97*0.13=207.48$

Substracting, we would found that the difference is:

$2,202.75-207.48=1,995.27$

Best of luck.

5 0

3 years ago

Calvin loves eating at mcdonald's claiming they have the best fries, but when it comes to dessert, he feels he's a cake connoiss

liq [111]

Answer: Cross Shopping

Explanation: Cross shopping is a technique there a single consumer plays around different suppliers to get the goods of his/her liking. It involves having conflicting needs and purchasing premium and budget products. In this case,Calvin loves eating at mcdonald's claiming they have the best fries, but for dessert he likes to eat cakes only at kaminsky's. Since, Calvin is shopping from different suppliers to get the products of his liking his behavior will be called cross shopping.

3 0

3 years ago

4-1) Consider any organization you are aware of from work, study, or the media. How do they manage people? Do people in those or

kherson [118]

There are different organizations with different ways of management of resources and personnel. The answers to the questions is below;

In the organization that I had worked for, I can say they have a good management. They are very direct in their management, they make you understand your duties and they make sure all follow the process outline. There are often consequences if one fails to perform his or her duties but their management was great and it lead to the growth of the organization.

People in those organizations feel important because the organization value them, value their input and personal wellbeing as well as their growth.

I worked in the accounting/ sales management unit for some months and I can say it was a good experience for me as I got to known more about using good software that makes it easy to work. I did a get job from the onset of my work. The Managing director was happy and had to increase my salary in the first month.

I can say my experience was more of educative as I learnt a whole lot of things. The Experience of the others was a little different from mine but they both believe that they did grow intellectually and morally.

Learn more about organization management from

brainly.com/question/25703249

5 0

2 years ago

Porter identified three generic strategies that a business could follow after identifying a market it wanted to enter.Which of t

gogolik [260]

Answer:

B) Supplier cost differentiation

Explanation:

As per the Porter model of generic strategies, there are three strategies which are as follows

1. Cost leadership strategy: It deals with less cost to reach broad market

2. Differentiation strategy: It deals with offering different products to reach broad market

3. Focus strategy: In terms of cost leadership and differentitaion, it focused with less cost and offered unique products at narrow market segment

Therefore the option B is not included

6 0

3 years ago

Tomas earned $89 in interest on his savings account last year and has decided to leave the $89 in his account this coming year s

mamaluj [8]

Answer:

compound interest

Explanation:

compound interest is a practice where the interest earned qualifies to earn more interest. Compound interest is offered on some savings accounts. The interest earned every year is not withdrawn but is added to the principal amount. The principal amount increases at the beginning of every period.

The act of adding interest to the principal, which results in interest earnings on interest, is known as compound interest. Accounts that offer compounding interest are preferred to simple interest accounts. A saved amount in a compound interest account will grow faster as the principal amount will increase every year.

7 0

3 years ago

The average annual return form stock investments historically is: a) 11.3% b) 12% c) 12.5% d) 20$​

The average annual return form stock investments historically is: a) 11.3% b) 12% c) 12.5% d) 20$