Jim is investing in the stock market. Jim is hoping to earn $2,000 in interest in order to take a trip to Mexico. Stock A earns 4% interest and Stock B earns 7% interest, and Jim has a total of $32,000 to invest. How much should he invest in each in order to earn $2,000 interest?

Answers

Answer 1

Given:

Total amount for investment = $32000

Rate of interest for Stock A = 4%

Rate of interest for Stock B = 7%

Jim is hoping to earn $2,000 in interest.

To find:

The amount of investments in Stock A and Stock B.

Step-by-step explanation:

Let amount of investments in Stock A = $x

Amount of investments in Stock B = $y

Total amount for investment = $32000

[tex]x+y=32000[/tex]        ...(i)

Rate of interests in Stock A and Stock B are 4% and 7%. Total interests is $2000.

[tex]0.04x+0.07y=2000[/tex]           ...(ii)

From (i) and (ii), we get

[tex]0.04x+0.07(32000-x)=2000[/tex]

[tex]0.04x+2240-0.07x=2000[/tex]

[tex]-0.03x=2000-2240[/tex]

[tex]-0.03x=-240[/tex]

Divide both sides by -0.03.

[tex]x=\dfrac{-240}{-0.03}[/tex]

[tex]x=8000[/tex]

Put x=8000 in (i).

[tex]8000+y=32000[/tex]  

[tex]y=32000-8000[/tex]  

[tex]y=24000[/tex]  

Therefore, the amount of investments in Stock A and Stock B are $8000 and $24000 respectively.


Related Questions

A package of 5 pairs of insulated gloves costs ​$35.95 What is the unit price of the pairs of gloves​?

Answers

Answer:

$7.19 a pair

Step-by-step explanation:

35.95/5 = 7.19

Answer:

$7.19

Step-by-step explanation:

$35.95 / 5 = $7.19

In a certain​ chemical, the ratio of zinc to copper is 3 to 19. A jar of the chemical contains 760 grams of copper. How many grams of zinc does it​ contain?

Answers

Answer:

760-19

x-3

x=760*3=2280

2280/19=120g of zinc

Step-by-step explanation:

The weight of a person in pounds.
1293

Answers

Answer:

if 1293 is ounces, 80.8125 would be lbs !!

Step-by-step explanation:

Answer:

h

Step-by-step explanation:

For the following square, find the value of x after that Find the length of each side of the square above. Be sure to label your answer and then Find the perimeter of the square above. Make sure to label your answer Please i need help fast or else im gonna fail my class please take this seriously.

Answers

Answer:

x = 9 ; 39 in. ; 156 in.

Step-by-step explanation:

Because it is a square, we know that all 4 sides are equal to each other.

This means we can take the two expressions and equal them to each other.

4x + 3 = 3(2x - 5)

4x + 3 = 6x - 15

-2x + 3 = -15

-2x = -18

x = 9

Now that we know the value of x, we can substitute it in to find the side length.

4(9) + 3

36 + 3

39 in.

Therefore, each side of the square is 39 in.

Finally, since we know all the side lengths are 39, we can find the perimeter by adding up all 4 side lengths.

p = 4(39) = 156 in.

Therefore, the perimeter of the square is 156 in.

14/27 divided by 2/3 soo can someone help me and maybe give me the answer

Answers

Answer: 9/7

Step-by-step explanation:

??????????????????????????

Answers

Answer:

Seconds in second row: 48Glasses in third row: 11

Step-by-step explanation:

Answer for seconds in second row:

Set up a proportion: [tex]\frac{5}{20} = \frac{12}{x}[/tex]  Cross multiply, then divide: 20 × 12 = 240, 240 ÷ 5 = 48

Answer for glasses in third row:

Set up a proportion: [tex]\frac{5}{20} = \frac{x}{44}[/tex]  Cross multiply, then divide: 44 × 5 = 220, 220 ÷ 20 = 11

I hope this helps!

What is the solution for x 10x-3x+8=-3+7x+11

Answers

Answer:

there is not a solution to this equation

Step-by-step explanation:

10x - 3x + 8 = -3 + 7x + 11

simplify

7x + 8 = 8 + 7x

there is not a solution to this equation

Answer:

x=2

Step-by-step explanation:

add the x's on one side and then subtract it by 7x. (10x- 7x)

then -3 + 11=8

8-8=0

transfer  2 to the other side x=2

12 labourers can complete a peice of work in 72 days.How many men will be required to do the same work in 54 days?​

Answers

Answer:

answer will be 16 days

-----------------------------------------------

Step-by-step explanation:

12 labour can complete the work in 72 days

so. 1 labour---------------------------------12×72

so. 54 labour--------------------------------- 864/54=16

The dimensions of a rectangular monitor screen are such that it's length is 5 in. More than it's width. If the length were doubled and if the width were deceased by 1 in the area would be increased by 170 in^2. What are the length and width of the screen?

Answers

Given:

Length of a rectangular monitor screen is 5 in more than it's width.

If the length were doubled and if the width were deceased by 1 in the area would be increased by 170 in².

To find:

The length and width of the screen.

Solution:

Let width of the screen be x inches.

Length of a rectangular monitor screen is 5 in more than it's width. So,

Length of screen = (x+5) inches

Area of screen is

[tex]Area=length\times width[/tex]

[tex]A_1=(x+5)\times x[/tex]

[tex]A_1=x^2+5x\text{ in}^2[/tex]

If the length were doubled and if the width were deceased by 1 in the area would be increased by 170 in².

New length = 2(x+5) inches

New width = (x-1) inches

So, new area is

[tex]A_2=2(x+5)(x-1)[/tex]

[tex]A_2=(2x+10)(x-1)[/tex]

[tex]A_2=2x^2+10x-2x-10[/tex]

[tex]A_2=2x^2+8x-10 \text{ in}^2[/tex]

Area increased by  170 in².

[tex]A_2-A_1=170[/tex]

[tex](2x^2+8x-10)-(x^2+5x)=170[/tex]

[tex]2x^2+8x-10-x^2-5x=170[/tex]

[tex]x^2+3x-10=170[/tex]

Subtract 170 from both sides.

[tex]x^2+3x-10-170=0[/tex]

[tex]x^2+3x-180=0[/tex]

Splitting the middle term, we get

[tex]x^2+15x-12x-180=0[/tex]

[tex]x(x+15)-12(x+15)=0[/tex]

[tex](x+15)(x-12)=0[/tex]

[tex]x=-15,12[/tex]

Width cannot be negative. So, x=12.

Width = 12 inches

Length = 12+5 = 17 inches

Therefore, the length of screen is 17 inches and width is 12 inches.

Bastian was able to map triangle ABC onto triangle A'B'C' using a reflection, rotation, and a dilation. Then Bastian concluded that he was able to map triangle ABC onto triangle A'B'C' using a sequence of rigid transformations and dilations, so the triangles are similar. What error did Bastian make in his conclusion?

Bastian used a rotation, so the triangles aren't similar.

Bastian used a combination of similarity transformations, which can produce a non-similar result.

There is no error. This is a correct conclusion.

Bastian used a dilation, which does not preserve similarity.

Answers

there is no error

hope this helped

If ABC has vertices A (3,-1), B (2, 1), and C(5,3), find vertices of its image A'B'C'
after dilation with a scale factor of 2 about the origin.
OA) A (3/2, 1/2), B'(1,1/2), C'15/2,3/5)
OB) A 16, -2), B'(4,2), C (10, 6)
OC) A (6,2), B (4, 2), C'(10, 6)
OD) A (6,2), B (2, 2), C'(10, 6)

Answers

Answer:

d

Step-by-step explanation:

The vertices of image A'B'C' after dilation with a scale factor of 2 about the origin are , A' (6, -2), B' (4,2), and C' (10, 6).

What is Multiplication?

To multiply means to add a number to itself a particular number of times. Multiplication can be viewed as a process of repeated addition.

Given that;

ABC has vertices A (3, -1), B (2, 1), and C(5, 3).

Now, After dilation with a scale factor of 2 about the origin the vertices of A', B' and C' are,

A' = 2 × (3, - 1)

   = (6, - 2)

B' = 2 × (2, 1)

   = (4, 2)

C' = 2 × (5, 3)

    = (10, 6)

Learn more about the multiplication visit:

https://brainly.com/question/10873737

#SPJ2

Answer the question in the photo

Answers

Decimal = 0.54 and 0.38
Hope this help.
Please leave a Thank.

After swimming 80 feet below the surface of the water, a whale swims up 40 feet. Use a number line to help you create an equation that shows the new location of the whale in relation to the water's surface.

A) The equation is -80 + (-40) = -120. The whale is 120 ft below the water's surface.
B) The equation is -80 + 40 = -40. The whale is 40 ft below the water's surface.
C) The equation is -80 + (-40) = -40. The whale is 40 ft below the water's surface.
D) The equation is -80 + 40 = -120. The whale is 120 ft below the water's surface.​

Answers

Answer:

the answer is d

Step-by-step explanation:

he swims 80 feet below so thats gonna be a negative number. he then swims up 40 feet so you would be adding . so -80+ 40 = -120

The new location of the whale in relation to the equation of water's surface is -80 + 40 = -120 which correct option (D)

What is equation?

Equation is the defined as mathematical statements that have a minimum of two terms containing variables or numbers are equal.

Whale swims 80 ft below so it be a negative number.

Whale then swims up 40 ft so would be adding .

When the whale is 120 ft below the water's surface so it be a negative number.​

-80+ 40 = -120

Hence, the new location of the whale in relation to the equation of water's surface is -80 + 40 = -120

Learn more about equation

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The island has 600 bikes and 900 people. What is the bike to person ratio?

Answers

2:3 = bike to person ratio

The sum of three consecutive numbers is 519. What are the three numbers?

Answers

Answer:

El primer número llamaremos = x

El segundo número llamaremos = x + 1

El tercer número llamaremos = x + 2

Calculamos

x + (x + 1) + (x + 2) = 519

x + x + 1 + x + 2 = 519

x + x + x + 1 + 2 = 519

3x + 3 = 519

3x = 519 - 3

3x = 516

x = 516/3

x = 172

El valor de "x" lo reemplazamos en: (x + 1 y x + 2)

x + 1 = 172 + 1 = 173

x + 2 = 172 + 2 = 174

Respuesta.

Los números son: 172, 173 y 174

172 + 173 + 174 = 519

give a numerical example that shows these are not the same expressions. 2(n+5) and 2n+5

Answers

Answer:

The two are different expressions because when you distibute, you multiply all terms inside the parenthesis with the 2 in the first one: 2(n+5) = 2n + 10.

2n + 10 ≠ 2n + 5.

Step-by-step explanation:

Answer: Any number that isn’t 1, 2, -1, or -2 I believe.

Step-by-step explanation: In the first expression, you have to distribute the 2, making it equal to 2n + 10, whereas the first is just 2n + 5.

For example if you were to plug the number 3 into this, you would have 2(3+5), which is 2(8) = 16. Versus the other side, 2(3)+5 = 11

The engineers designing the All Aboard Railroad between Boca Raton and Jupiter decide to create parallel tracks through this portion of the railway. To illustrate their plans to the county commission, they use a coordinate plane. The southbound track will have an equation of 2x 5y 15. What is the equation of the parallel northbound track that runs through the point (4, -2)?

Answers

Answer:

2x+5y=-15

Step-by-step explanation:

2x+5y=d

2(4)+5(-2)=d

8-10=d

-2=d

Write an equation in slope intercept form with the given information.
Slope = 4 and goes through point (1,8)
(Please help me)

Answers

Answer:

y= 4x +4

Step-by-step explanation:

Slope-intercept form:

y= mx +c, where m is the slope and c is the y-intercept.

Given that the slope is 4, m= 4.

Substitute m= 4 into the equation:

y= 4x +c

To find the value of c, substitute a pair of coordinates.

When x= 1, y= 8,

8= 4(1) +c

8= 4 +c

c= 8 -4 (-4 on both sides)

c= 4 (simplify)

Thus, the equation is y= 4x +4.

Does the following make a right triangle?
A ceramic tile with sides 20 cm, 21 cm, and 29 cm


A. yes
B. no

Answers

Answer:

yes

Step-by-step explanation:

In order for it to be a right triangle, it has to be [tex]a^2+b^2=c^2[/tex].

[tex]20^2+21^2[/tex] should equal [tex]29^2[/tex]

400+441 should equal 841

So yes, the lengths make a right triange.

Write the slope-intercept form of the equation of each line.

11x + 8y = -45

Answers

Answer:

y= -11x/8  - 45/8

Step-by-step explanation:

Write this equation in slope intercept form:

y= mx + b

11x + 8y = -45

8y= -11-45

y= -11x/8  - 45/8

Hope this helps :)

f(x)=4x^5-8x^4-5x^3+10x^2+x-2
Use the rational zero test to find all possible rational zeros of f, separate with commas if needed. I already tried (2x+1)(2x-1)(x+1)(x-1)(x-2) and WebAssign says it’s incorrect.

Answers

Answer:

-1; -1/2; 1/2; 1; 2          or    factors of -2 are -1, 2, 1, -2

factors of 4 are 1, 4, 2, -1, -4, -2

possible zeros are -1, 1, 1/2, -1/2

try 1

Step-by-step explanation:

what is the image (-2,-5) after a dilation by a scale factor of 2 centered at the origin ​

Answers

Answer:

Step-by-step explanation: (-4,-10)

NEED YOU GUYS HELP ONCE AGAIN!!​

Answers

Answer:50

Step-by-step explanation:

you should watch black mirror (especially the ep with ashley o in season 5) oh and also the 100 season 7 is on netflix now its good



Tarah collected 254 cans of food for the food drive. Ana collected 421 cans of food for the food drive. The
1
girls decided to combine their cans of food and donate to the local food bank. They donated 60% of the
remaining cans of food to the homeless shelter. How many cans of food do they have left over to
donate?

Answers

Answer:

270 is the awnser

(x²+7x+10) =
whats the answer help me plsss:(​

Answers

Answer:

(х+2)(х+5)

Step-by-step explanation:

easy, just train quadratic equations ;)

Answer: (x + 2) (x + 5)

BRAINLIEST ANSWER!! NEED HELP ASAP!

Answers

Answer:

1. 30(8.75) + 11t = 400

2. 12.5 hours

Step-by-step explanation:

1. What is given is you work for 30 hours per week at a gas station for $8.75 an hour. You also work as a landscaper for $11 an hour. You want to a make a total of $400 per week.

30 hours and $8.75 an hour would be equivalent to 30(8.75)

We don’t know how many hours you work as a landscaper but you earn $11 an hour, which is equivalent to 11t

Finally, you want to earn a total of $400 a week, which means the sum equals 400

30(8.75) + 11t = 400

2. 30(8.75) = 262.5

400 - 262.5 = 137.5

137.5 / 11 = 12.5

Solve for r
n(17 + r)= 34r – r

Answers

Answer:

17n/33-n is the answer

SHOW ALL WORK!!!
1.
Find the distance between (-4,-2) & (4,4)

Answers

Answer:

Step-by-step explanation:

Write a real-world situation that can be modeled by the equation 1/3x+10=3/5x

Answers

Answer:

One-third of Leah's weekly paycheck plus $10 = three-fifths of her check.

What is her weekly pay? or 1/3 of a handyman’s fee plus an extra fee of 10 dollars for showing up, which is equal to 3/5 o his fee altogether. What is his fee in all with the extra fee

answer and I’ll leave a good review

Answers

Answer:

d

Step-by-step explanation:

g

Answer:

C

Step-by-step explanation:

They are all more in the modern era

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