Luke received an inheritance of $15000 that he divided into three parts and invested in three ways: in a money-market (x) fund paying 4% annual interest;in municipal bonds (y) paying 3.5% annual interest; and in mutual funds (z) paying 8% annual interest. Luke invested twice in mutual funds than in money-market fund. He earned $845 in interest the first year. How much did Luke invest in each type of fund?

Answers

Answer 1

Answer:

Kindly check explanation

Step-by-step explanation:

Total principal invested = $15000

Investment x at 4% (0.04)

Investment y at 3.5% = 0.035

Investment z at 8% = 0.08

z investment = 2x

Total interest earned = $845

Simple interest = principal * rate * time

y * 0.035 + x * 0.04 + 2x * 0.08 = 845

0.035y + 0.2x = 845 - - - (1)

y + x + 2x = 15000

3x + y = 15000 - - - - (2)

y = 15000 - 3x

0.035(15000 - 3x) + 0.2x = 845

525 - 0.105x + 0.2x = 845

525 + 0.095x = 845

0.095x = 845 - 525

0.095x = 320

x = 320/0.095

x = 3368.42

Z = 2x

Z = 2 * 3368.42 = $6736.84

y = 15000 - 3(3368.42)

y = $4894.74


Related Questions

Yall pray for me I'm doing a huge math test

Answers

Answer:

An animal shelter has $2500 in its reserve fund.  The shelter charges $40 per animal placement and would like to have at least $4000 in its reserve fund.  Write an inequality to represent this situation.

Step-by-step explanation:

plz answer

Answer:

OK

Step-by-step explanation:

What type of math geometry? Algebra?

0.72...0.702 put < or > between the numbers in each pair​

Answers

Answer:

0.72>0.702

Step-by-step explanation:

2c - 12 = 9C + 2
How do i solve this

Answers

2c-12=9c+2

Subtract 9c from both sides:
2c-12-9c=9c+2-9c

Add 12 to both sides:
-7c-12+12=2+12
-7c=14

Divide both sides by -7:
-7c/-7=14/-7
c=-2

If f(x)=3x+2 and g(x)=x^2-x, find the value.

g(-3)=

Answers

Answer:

hence the ans of g(-3)=12

What is the scale factor from figure B to A?

Answers

2.5

Explanation:25/10, 10/4, 21.5/8.6=2.5

Hope it helps

Solve the following inequality: 2x^2 + x - 1/x^2-x<1​

Answers

Answer:

−1<x<0 or 0<x<1

Step-by-step explanation:

Answer:

I believe it is : -1 < x < 0 OR 0 < x < 1

Or if you want it in interval notation form:

(-1, 0) ∪ (0, 1)

Step-by-step explanation:

hope this helps, lol! <3

A square on a coordinate plane has the points A(0, 0), B(0, 5), C(5, 5) and D(5, 0). If Square ABCD is rotated about the origin 180 degrees clockwise to form Square A'B'C'D', what would be the length of one of the sides? A. 0 units B. 5 units C. 10 units D. 20 units

Answers

Answer:

B. 5 units

Step-by-step explanation:

Transformation is the movement of a point from its initial location to a new location. Types of transformation are reflection, dilation, rotation or translation.

If a point X(x,y) is rotated about the origin 180 degrees clockwise the new point is at X'(-x, -y).

If the square with vertices at A(0, 0), B(0, 5), C(5, 5) and D(5, 0) is rotated about the origin 180 degrees clockwise the new points are at A'(0, 0), B'(0, -5), C'(-5, -5), D'(-5, 0)

A square has four equal sides. The distance between two points [tex]X(x_1,y_1)\ and\ Y(x_2,y_2)[/tex] is:

[tex]|XY|=\sqrt{(x_2-x_1)^2+(y_2-y_1)^2}[/tex]

Hence:

[tex]|A'B'|=\sqrt{(0-0)^2+(-5-0)^2} =5[/tex]

The angle o represents the phase shift, determined by the initial conditions of the experiment or the position of the weight at t = 0. If the weight is at its maximum positive position (weight is above equilibrium) at t = 0, then o = 0. If the weight is at its maximum negative position (spring is stretched and weight is below equilibrium) at t = 0, then o = pi. If the weight is traveling in the negative direction and passing through equilibrium at t = 0, then o = pi/2. In the response box, describe the initial condition of our experiment; specifically, describe the position of the weight and the direction in which it was traveling.

Answers

Answer

 initially t=0 => c2sin(0)+c1cos(0) => y=0+c1 =>  y=0+5 => y=5

The weight was approaching the equilibrium position from the positive direction. The weight was on its way down, with the spring stretching

Step-by-step explanation:

c1=5

Plz help. And plz show work.

Answers

SU= 10
x-7+6=2x-12
x-1=2x-12
x+11=2x
11=x
2(11)-12=10

Davis used a drawing and a scale factor of 4 to design his triangular yard. The area of the yard is 400 ft². He wants to find the area of the scale drawing. A smaller triangle has an area of x. A larger triangle has an area of 400 feet squared. Davis knows that the original area times the square of the scale factor will equal the enlarged area. What is the area of the scale drawing? (Scale drawing)(Scale factor)2 = Enlarged Area (x)(4)2 = 400 16x = 400 x =

Answers

Answer:

25

Step-by-step explanation:

Answer:

it is 25 :)

Step-by-step explanation:

10y+15=7y+45
what does y equal

Answers

Answer:

10

Step-by-step explanation:

10y+15=7y+45

10y-7y=45-15

3y=30

y=10

hope it helps you!

How many gallons of water will be in the fish tank after 3 minutes? how can you explain your answer

Answers

The question is incomplete, the complete question is;

If in 0.5 min the tank gets 0.8 gallons of the water then

how many gallons will be in 1 min ?

how many gallons will be in 3 min?

and how long it takes for 40 gallons?

Answer:

1.6 gallons

4.8 gallons

25 mins

Step-by-step explanation:

This question has to do with proportion.

If it takes 0.5 mins for the tank to get 0.8 gallons

in 1 minute the tank will get 0.8 * 1/0.5 = 1.6 gallons

In 3 minutes the tank will get 3 * 1.6 gallons = 4.8 gallons

if it takes 1 min to get 1.6 gallons

it will take x mins to get 40 gallons

x = 1 * 40/1.6 = 25 mins

HI HELP ME PLEASEEE!’

Answers

We're given

(0, 144)

(1, 48)

(2, 16)

(3, 16/3)

[tex]f(x) = a*b^x\\144 = a*b^0\\144 = a\\[/tex]

now that we know a, we can find b

[tex]f(x) = 144*b^x\\48 = 144*b\\b = \frac{48}{144}\\b = \frac{1}{3}[/tex]

[tex]f(x) = 144*(\frac{1}{3})^x[/tex]

When a question asks you to "Explain", what are you expected to do
AND

Answers

Answer:

they want to tell you why the answer is what it is

Step-by-step explanation:

Answer:

They are asking you "how" you managed to get your answer

Step-by-step explanation:

say the question is 5×5=25 and the question say Explain;"well if you add 5+5+5+5+5 is equals 25"

8x-13+4+1=90 helppppppp

Answers

Answer:

x = 49/4

Step-by-step explanation:

What is the value of 120?

Answers

It would be -1/2 I think
the answer is -1/2. have a good day!

Helppp asappp pleaseee. What is the slope of a line perpendicular to the line whose equation is
2x – y = -8. Fully reduce your answer.

Answers

Answer:

-1/2

Step-by-step explanation:

2x-y=-8 --> y=2x+8 (slope: 2)

to be perpendicular, the product of two slopes should be -1

thus, the slope of a line perpendicular to this one is -1/2

do u do all subjects

Answers

Answer:

most of them

Explanation:

if y= 2x - 3, find the value of y when x=2

Answers

Answer:

y=1

Step-by-step explanation:

Plug in 2 for x in the original equation, this gives you y=2(2)-3. 2(2)=4 and 4-3=1 therefore y=1.

Y is 1 because 2 x2 is 4-3 is 1 quick maths

Please answer ASAP
Order Numbers From Least to Greatest

Answers

Answer:

Least 6.7x10-3     0.67    6.7%  6/9 Greatest

Step-by-step explanation:

Is 25 x 10 to the power of 0 in scientific​ notation? If​ not, explain. Use pencil and paper. Explain why 10 is used as the base in the second scientific notation factor.

Answers

Answer:

a) Scientific notation is written as a unit digit, that can have other digits after the decimal place, multiplied by 10 to the power of n, where n can be any integer number.

Then 25x10^0 is not scientific notation, because there are two digits at the left of the decimal point.

The scientific notation would be:

2.5x10^1

b) Why is this useful?

Because we divide all our measures in powers of 10.

For example, you know that 1 meter  = 100c

But we can also write this as:

1m = 1.0*10^3 cm.

The use of scientific notation comes useful because we can have a fast read of the dimensions of our measure, and in another hand, is way easier work with the 10 as a base when we solve equations.

even number less than 12​

Answers

Answer:

2,4,6,8,10

Step-by-step explanation:

they are even numbers

Answer: 2, 4, 6, 8, 10

Step-by-step explanation:

any of those are even numbers that are less than 12

Find the missing terms in the sequence:
18, -72, 288,

Answers

Answer:

-1,152

Step-by-step explanation:

18 · (-4) = -72

-72 · (-4) = 288

288 · (-4) = -1,152

A dog kennel charges $20 per night to board your dog. You can also have a dog treat delivered to your dog for $5. The equation 20x+5y=100 models the situation of possible combinations of nights at the kennel (x) and dog treats (y) that you can buy for $100.

Describe what the intercepts mean in context of the story.

Answers

Answer:

wow they are so tricky about what the math means.. huh  :D  why ask abstract math questions when it's supposed to be real  hmmmm welll anyway

Step-by-step explanation:

so the y intercept  or 0=y means you get your dog no treats... maybe you hate your dog... or he was bad in some way... no treats for you dog !! >:/

The X=0  intercept mean you love your dog and don't take him to the dog kennel but keep him at home.  And take care of him yourself.. but  you could still get him treats  :)  Probably for less then 5 dollars too.. I saw some at Costco for a lot less..  :)

Given the formula below, solve for x

Answers

Answer:

Step-by-step explanation:

Sorry but please give detailed question

where’s the formula..?

Last question!

Find the equation of the line

Y=__x +__

Answers

The answer is y=-2/6x + 5

Evaluate the expression.62−4÷2 62−4÷2

Answers

The answer to that is 10,000

Answer: 8118/131 decimal form -65

Step-by-step explanation: this part right here 2 62= 0.032

so 62-4/0.032-4/2= -65

sorry it took so long my pc is very laggy btw i was letting the dogs out my apologies

3/2 x -9 = 0 hiiiiiiiii please help :)

Answers

Answer:

x=6

Step-by-step explanation:

3/2x-9+9=0+9

3/2x=9

2. 3/2x=9. 2

3x=18

3x/3=18/3

x=6

Answer:

Hewo There!!

_______________________

Solve for  x  by simplifying both sides of the equation, then isolating the variable.

x  =  6

______________________

“How wonderful it is that nobody need wait a single moment before starting to improve the world.” – Anne Frank

______________________

Think of life as a mytery because well it sort of is! You don't know what may happen may be good or bad but be a little curious and get ready for whatever comes your way!! ~Ashlynn

in a survey, 8 out of 32 students preferred vanilla ice cream if 252 students are surveyed how many should theoretically prefer ice cream

Answers

Answer:

63 people

Step-by-step explanation:

Given parameters:

Number of students survey = 32

Number of those that liked ice-cream = 8

Total population size  = 252

Unknown:

How many people in the population should prefer ice cream  = ?

Solution:

  From the survey;

    8 out of 32 students prefer ice cream;

     8 : 32

     1: 4

This shows that 1 out of 4 students will prefer ice cream

NOw to the total population;

  If out of 4 students, 1 prefers ice-cream;

     Out of 252 students   y will prefer ice-cream

     Number of students that prefers ice-cream = [tex]\frac{252}{4}[/tex] = 63people

how to solve this it says solve 6!

Answers

Answer:

720

Step-by-step explanation:

6*5*4*3*2*1=720

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