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bekas [8.4K]
2 years ago
11

A financial planner has a client with $15,000 to invest. If he invests $10,000 in a certificate of deposit paying 12% annual sim

ple interest, at what rate does the remainder of the money need to be invested so that the two
investments together yield at least $1550 in yearly
Mathematics
1 answer:
Sveta_85 [38]2 years ago
5 0

In order for the two investments to yield at least $1550, the remainder of the money has to earn an interest of 7%.

<h3 /><h3>Equation that can be derived from the question</h3>

The formula that can be used to determine simple interest is: principal x time x interest rate.

0.12(10,000) + x($5000) = $1550

$1,200 + 5000x = $1550

Where:

x = interest rate paid in the account where $5000 was deposited.

<h3>Determination of the interest rate</h3>

In the above equation, combine similar terms:

$5000x = $1550 - $1200

Add similar terms together

$5000x = $350

Divide both sides of the equation by 500

x = $350 / 5000

x = 0.07

x = 7%

To learn more about simple interest, please check: brainly.com/question/9352088

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Molodets [167]

Hi there!

\large\boxed{y = 2x + 6}

For a system to have infinite solutions, the lines have to be the same. We can begin by rearranging the given equation into the format y = mx + b:

2y - 4x = 6

Move x to the opposite side:

2y = 4x + 6

Divide all terms by 2:

y = 2x + 6

The answer choice that matches this is the first one.

5 0
3 years ago
F(x)=1/3x4x^ <br> How do I find F(4)
djverab [1.8K]
Assuming yo meant
f(x)=(1/3)4x²


sub 4 for x
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3 years ago
What is the simplified version of 4+5y-6y+y
oee [108]

Answer:

4

Step-by-step explanation:

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Am I correct on number 3? If not whats the correct answer? And what is the answer for number 4? Will be marking brainliest!!​
timama [110]

Answer for number 4 is \frac{\bold2}{\bold3} hour.

Step-by-step explanation:

Maximum hour spent for all homework (English homework + math homework) is 2 hours.

Let us assume the hours spent for English homework be 'e'.

It is given that:

(Hours spent for math homework) = 2 × (Hours spent for English homework)

Hours spent for math homework = 2 × e = 2e

Total hours spent = (Hours spent for math homework) + (Hours spent for English homework)

Total hours spent = 2e + e = 3e

2 = 3e

3e = 2

∴ e = \frac{\bold2}{\bold3}

Therefore number of hours spent on English homework is equal to \frac{\bold2}{\bold3} hours.

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3 years ago
Click on the graphic to select the figure that would make the following a reflection in line k
Roman55 [17]

I remember answering the same question, but you didn't attach any photos. But I remember that the answer is the first one.

I hope I helped. Stay safe and God bless!

- Eli <3

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