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jeyben [28]
2 years ago
7

You inherit $10,000 and will invest the money in two stocks paying 6% and 11% annual interests, respectively. How much should be

invested at each rate if the total interest earned for the year is to be $900?.
SAT
1 answer:
Paul [167]2 years ago
8 0

Answer:

Explanation:

900=.06x+.111y

x+y=10000

solving together gives

x=4000$

y=6000$

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If you had to make up an instrument that doesn't exist. What would it be?
Anna [14]

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2 years ago
How many liters of 60% alcohol solution should be added to 40 liters of a 20% alcohol solution to make a 50% solution?
IgorLugansk [536]

Exactly 80 liters of 20% are needed.

Let quantity of 20% alcohol solution be added : x liters  

Here is the work:

> x*20% + 40 * 50% = (x+40) * 30%  

> x*0.2 + 40*0.5 = (x+40)*0.3 ..(converting percentages into decimal)  

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3 years ago
What is the most likely conclusion that can be drawn about how this table would look in december 2013?it would look the same bec
just olya [345]

The conclusion which can be drawn with respect to the nature of an exchange-rate table in December 2013 is that: B. It would look different because exchange rate tables change constantly.

An exchange rate can be defined as a number that is used to denote or represent the financial value of a currency in comparison with another currency.

On a related note, the foreign exchange market is a market that is used for converting the currency of a particular country into the currency of another country. For example, the dollars (United States of America) can be converted into naira (Nigeria) in the foreign exchange market.

In the foreign exchange market, the exchange rate for various countries are typically shown or displayed by using the exchange-rate table, which changes constantly depending on the following factors:

  • Inflation
  • Gross Domestic Product (GDP)
  • Trade balance
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In conclusion, the conclusion which can be drawn with respect to the nature of an exchange-rate table in December 2013 is that, it would look different because exchange rate tables change constantly.

Read more on exchange rate here: brainly.com/question/11160294

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