Nico was stunned when he opened the mail.Here was a check for $332.50 this is the interest he earned on his investment.One year ago Nico had been given 5,000.His parents made him put it in the bank and save it for college,but the said he could keep the interest it earned each year.A portion of his money is deposited in a high rate account that earned 8% annual interest.The rest is in a regular account that earned 3% this year.Both accounts pay simple interest computed at the end of the year.How much of Nicos money was invested in each account.

Answers

Answer 1

Answer:

Investment A = 3650

Investment B = 1350

Step-by-step explanation:

Given that:

Total interest earned = 332.50

Total Principal invested = 5000

Investment A:

Rate = 8%

Time = 1 year

Principal = a

Interest earned = 0.08a

Investment B:

Rate = 3%

Time = 1 year

Principal = b

Interest earned = 0.03b

a + b = 5000 ____(1)

0.08a + 0.03b = 332.50 - - - (2)

From (1)

a = 5000 - b

Into (2)

0.08(5000 - b) + 0.03b = 332.50

400 - 0.08b + 0.03b = 332.50

400 - 0.05b = 332.50

-0.05b = - 67.5

b = $1350

a = 5000 - b

a = 5000 - 1350

a = $3650


Related Questions

The Equation (y-y1)=m(x-x1) represents the point-slope form of a linear equation.Which equation can be used to find y1?

y1 = m(x – x1) + y

y1 = -mx + mx1 – y

y1 = y – mx + mx1

y1 = -mx – mx1 + y​

Answers

Answer:

Step-by-step explanation:

The first one

How many students voted for each
participant?

Answers

Answer:

12 people voted for Matthew and 18 people voted for Diana.

Step-by-step explanation:

1. Multiply 30 by 0.4 to get 12.

2. Subtract 12 from your total of 30. The remaining 18 votes belong to Diana.

Brainliest to whoever answers this correctly!

Answers

The slope is a number that tells how steepness it is.

Meaning that the bigger slope it is, the more steepness it is.

We compare how steepness it is. Greater slope, greater steepness.

As plotted the graph of g(x) = -7x - 1

The g(x) does have more steepness than f(x).

Therefore, the answer is A.

What is f(4) for the function f(x) = 7x + 6?
Please help asap

Answers

Answer:

f(4) for the function [tex]f(x) = 7x + 6[/tex] is [tex]\mathbf{f(4)=34}[/tex]

Step-by-step explanation:

We need to find f(4) for the function [tex]f(x) = 7x + 6[/tex]

For finding f(4) we will put x= 4 in the given function

[tex]f(x) = 7x + 6[/tex]

Put x = 4

[tex]f(4)=7(4)+6\\f(4)=28+6\\f(4)=34[/tex]

SO, f(4) for the function [tex]f(x) = 7x + 6[/tex] is [tex]\mathbf{f(4)=34}[/tex]

(-2,1); m = 5
Find the equation of the line

Answers

Here’s the correct answer, how I got it, and something to help you for next time :)

PLZ HELP ME QUICKKKKKKKKKKK

Answers

Answer:

i guess

Step-by-step explanation:

What is the unit rate for meters per second if a car travels 374 meters in 17 seconds?

Answers

Answer:

22 meters per second

Step-by-step explanation:

If a car is going 374 meters in 17 seconds then you divide 374/17 claiming that the car is going 22 meters every second.

Noah had $5.25 and Lin had $8.95. How much did they have altogether? Group of answer choices $ 3.70 $ 46.99 $ 14.20 $ 14.10

Answers

Answer:

C. $14.20

Step-by-step explanation:

I got this answer because $8.95 plus $5.25 equals $14.20.

Please mark brainliest

A map has a scale factor of 1 in=20 miles. If the distance between Dallas and Chicago was 9 inches on the map, how many miles is it in real life?
A. 20 miles
B. 180 miles
C. 200 miles
D. 10 miles
PLS HELP ME LIKE NOW PLS!?!

Answers

Answer:

B

Step-by-step explanation:

9x20=180


Which expression is equivalent to–4–9?
4 - 9
-4+ (-9)
-4 +9
4+9

Answers

Answer:

b

B -4+(-9

Step-by-step explanation:

because plus a negative number is just like subtracting i belive

It’s B man :))))))))))

help if you can dont answer if you dont know please

Answers

Answer:

Area of the shaded region 85 square inches

Step-by-step explanation:

10(width)x8(height)=80

Triangle on the right= (8x5)/2=20

Triangle on the left=(8x5)/2=20

Both triangles' area=40

80+40=120

Not shaded area=5x7=35

120-35=85

What is 4x3.14x9x9x9

Answers

Answer:

9156.24

Step-by-step explanation:

calculator

Answer:

its 9156.24

Step-by-step explanation:

Zanaveya was testing a toy car on a ramp to see how far it would go. When she put it a third of the way up the ramp, it went 2 feet. When she put it at the top of the ramp, it went 5 times farther. How far did the car go this time?

Answers

Answer:

The car goes 10 ft

Step-by-step explanation:

Given

[tex]Distance = 2ft[/tex]

[tex]New\ Distance = 5\ times\ farther[/tex]

Required

Determine the new distance

x times farther means x multiplied by the initial distance.

So:

5 times farther would be: 5 multiplied by the initial distance.

Hence,

[tex]New\ Distance = 5 * 2ft[/tex]

[tex]New\ Distance =10ft[/tex]

i.e. the car goes 10 ft

Find the exact length of the third side.
48
14

Answers

Answer:118

Step-by-step explanation:

It has to equal 180 degrees in total so 48+14=62

180-62=118

So the answer is 118

can you help me please? ( I didn't mean to pick a answer)​

Answers

Answer:

#3:8n-4

Step-by-step explanation:

combine like terms

3n+n=4n

-7+5=-2

4n-2

multiply that by 2 to get the perimeter, which is 8n-4

FINDDDD VALUE OF Z !!!!!

Answers

I can help you did you ask Siri?

Just take a picture on Siri the would lead you to the answer.

Step-by-step explanation:

I hope that helps please give me Brainliest

z=9 hope this helps!!!

The volume of a cylinder of height 8 cm is 72π cm3 Find the radius of the cylinder.

Answers

Answer:

3 cm

Step-by-step explanation:

Divide the volume by the height

72π/8 = 9π

Now we have the surface area. The surface area is π[tex]r^{2}[/tex], so we reverse it.

Divide the number by π:

9π/π=9

Now we find the square root

3 x 3 is 9, so 3 is the square root and radius.

Which statement is true?


1
3
(
n
+
3
)
=
1
3
n
+
3

1 third times open paren n plus 3 close paren is equal to 1 third n plus 3

1
3
(
n
+
3
)
=
1
3
n
+
1

1 third times open paren n plus 3 close paren is equal to 1 third n plus 1

1
3
(
n
+
3
)
=
1
3
n
+
3
1
3

1 third times open paren n plus 3 close paren is equal to 1 third n plus 3 and 1 third

1
3
(
n
+
3
)
=
1
3
n
+
4
3

Answers

Answer:

the answer is they are the same

Answer:

yes

Step-by-step explanation:

explanation: yes

me: yes

you: yes

others: yes

john cena: no :)

confusion confusion

confusion confusion

Solve.

x/2 + 8 = 14

x=

Answers

Answer: x=12

Explanation:

please help me if you don’t know the answer, please don’t answer it.

Answers

Answer:

Step-by-step explanation:

(1/2)/3 = x/4

1/6=x/4

x=4/6 = 2/3

x = 4/6 = 2/3 is the answer, hope this helps!!

Colton opened a savings account and deposited $1,000.00 as principal. The account earns 11% interest, compounded annually. What is the balance after 8 years? Round your answer to the nearest cent.

Answers

Answer:

$2304.5

Step-by-step explanation:

The balance after 8years=P(1+R/100)^t

=1000(1+11/100)^8

=$2304.5

a2+14a+49 please help me​

Answers

I think it is (a+7)^2

Multiple Choice.
What is the solution to the square root of -75 to the nearest integer?
A 9
bB. 8
C.-8
D. -9
MAXIMUM POINTS

Answers

Answer:

I belive it is 'A'  9

Step-by-step explanation:

because the square root is 8.66025404 so that rounded to the nearest integer would be 9

if the interest of a sum at 7.5% p.a in 4 years is rs 1050, find the sum​

Answers

formula p= 100 I/RT

100×1050÷7.5×4

105000÷30

p= sh 3500

bro sombody help me i am extremly not smart
and bad at math, thank you

Answers

Answer:

sure wuts ur question? I GOT IT

4 LBS

What’s the question then I’ll help lol

The Spanish club raised $131.25 by having a garage sale and car wash. The amount raised at the car wash was half the amount raised at the garage sale. How much was raised at each event​

Answers

Answer:

Car Wash: $43.75   and   Garage Sale: $87.5

AP
Solve the absolute value inequality 2|x-7/2|+4>9 algebraically. Select the correct graph of the solution.

Answers

Answer:

x < 1 or x > 6

Step-by-step explanation:


The balance in Alex's bank account is $675. The account
earns 6% simple interest calculated twice per year. If Alex
makes no deposits or withdrawals for 2 full years, the
balance in his account (rounded to the nearest dollar) will
be -
Select one:
O
$852
$715
$837
$756

Answers

Answer:

$852

Step-by-step explanation:

From the given question, the following are given:

Present value, PV = $675

Rate, r = 6% = 0.06

Number of years, n = 2 years

Number of times per year, m = 2

The balance in his account is the future value (FV), so that;

Future value = PV[tex](1+r)^{nm}[/tex]

                     = 675[tex](1+0.06)^{(2*2)}[/tex]

                     = 675 x 1.26248

                     = 852.174

Future value = $852

Thus, the balance in Alex's account would be $852.

PLZ HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Answers

Answer:

b

Step-by-step explanation:

What is the result when 3x4 + 10x3 + 14x2 + 12x + 5 is divided by x + 1?

Answers

Answer:

3x^3 + 7x^2 + 7x + 5

Step-by-step explanation:

Use long division for polynomials.

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