1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Hoochie [10]
2 years ago
13

Last year, Felipe invested his money in two purchases. He purchased a certificate of deposit for $12,000 that paid 6% interest p

er year and purchased $4000 in corporate bonds paying 5% interest per year. Answer the questions below.
Do not do any rounding.
(a) What was the total interest earned at the end of 1 year?
$
(b) What was the percent interest for his total investment?
%
Mathematics
1 answer:
Alexus [3.1K]2 years ago
8 0
Same as the other one

part A)

CD 12,000 at 6%, how much is that?  (6/100) * 12000

CB 4000 at 5%, how much is that?  (5/100) * 4000

part B)

total investment was 12000 + 4000 = 16000

the earned interest above are 720 and 200 respectively

total yield was, 720 + 200 = 920

if 16000 is the 100%, how much is 920 in percentage?

\bf \begin{array}{ccllll}
amount&\%\\
\text{\textemdash\textemdash\textemdash}&\text{\textemdash\textemdash\textemdash}\\
16000&100\\
920&x
\end{array}\implies \cfrac{16000}{920}=\cfrac{100}{x}

solve for "x"
You might be interested in
a city has 12575 residents a number president grown by 1.6% every year to the nearest whole resident what will the city populati
iragen [17]

Answer:

12977.4 or just 12977

Step-by-step explanation:

4 0
2 years ago
3/8 as a decimal I need help
vovangra [49]

Answer:

0.375

Step-by-step explanation:

= 3/8

= 3 ÷ 8

= 0.375

7 0
3 years ago
Read 2 more answers
Ricky has gone through 24 pencils in the past three months. At this rate, how many pencils will Ricky go through in seven months
wlad13 [49]
Ricky will go through 56 pencils in seven months
3 0
3 years ago
Read 2 more answers
Students were surveyed about what summer camp they would be attending.
FinnZ [79.3K]

Answer:

5% with the information I'm provided with. I need more info

if that's wrong

Step-by-step explanation:

3 0
2 years ago
WORTH 20 POINTS
OLEGan [10]

Answer:C

it's make since

7 0
2 years ago
Other questions:
  • Consider the following equations. f(x)= x^3 +3x^2 -2x+1 g(x)= x^2-5x+4 Approximate the solution to the equation f(x) = g(x) usin
    15·2 answers
  • Can someone plz help me with this plzzzzz
    10·1 answer
  • ______________ is when one person observes and follows around another person at their job. A. Job shadowing B. Volunteering C. I
    5·1 answer
  • The amount of chlorophyll in a leaf changes based on outside temperature. What's the independent variable in the situation?
    11·1 answer
  • Write and graph the inverse variation in which y = 12 when x = –4. URGENT!!!!!!!
    12·1 answer
  • Please do this <33333
    10·1 answer
  • What is the greatest common factor of 14, 28 and 42?
    11·1 answer
  • John has a bookcase with 5 shelves. There are k books on each shelf. Using k , write an expression for the total number of books
    13·1 answer
  • 4x^(4)+8x^(3)-2x^(2) write as a product
    14·1 answer
  • 9/4 is close to the square root of what integer
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!