Betsy, a recent​ retiree, requires ​$ 6 comma 000 6,000 per year in extra income. She has ​$ 60 comma 000 60,000 to invest and can invest in​ B-rated bonds paying 15 15​% per year or in a certificate of deposit​ (CD) paying 5 5​% per year. How much money should be invested in each to realize exactly ​$ 6 comma 000 6,000 in interest per​ year?

Answers

Answer 1
Let the amount she invests in the B-rated bonds be x, and the amount she invested in the certificate of deposit be y.

Then,

x + y = 60,000 . . . . . . . (1)
0.15x + 0.05y = 6,000 . (2)

Multiplying the first equation by 0.15 gives:

0.15x + 0.15y = 9,000 . (3)

Subtracting equation (2) from equation (3) gives:

0.1y = 3,000

y = 3,000 / 0.1 = 30,000

From equation (1):

x + 30,000 = 60,000

x = 60,000 - 30,000 = 30,000

Therefore, the amount of money that should be invested in each to realize exactly ​$6,000 in interest per​ year is $30,000 each.

Related Questions

What is the doubling time of prices which are increasing by 7 percent per year?

Answers

14.3 years

About 14 years and 4 months

Since it is doubling, it must increase by 100%.
100 divided by 7 = 14.28
Final answer:

The doubling time of prices increasing at a rate of 7% per year can be calculated using the Rule of 70, which states that the doubling time of a variable undergoing exponential growth is approximately 70 divided by the growth rate. Thus, the doubling time for these prices would be about 10 years.

Explanation:

The question pertains to the concept of doubling time in the field of finance and economics, specifically how quickly something (prices, in this case) doubles in size or value at a constant growth rate. The doubling time for a variable growing at a 7% annual growth rate can be calculated using the Rule of 70. This rule states that the doubling time of a variable undergoing exponential growth is approximately 70 divided by the growth rate (in this case, 7).

So, to calculate:
Doubling Time = 70 / 7
Doubling Time = 10 years

This means that the prices will double approximately every 10 years if they increase at a constant rate of 7% per year.

Learn more about Doubling Time here:

https://brainly.com/question/33016649

#SPJ2

If it takes 4 men 6 hours to repair a road, How long will it take 7 men to do the job if they work at the same rate ?

Answers

so, there are 4 men working for 6 hours each, after the 6 hours, each man has worked 6 hours each, the total amount of "workhours" is 4 * 6, or 24 workhours, it took  24 workhours to do the whole job.

now, how long will it take for 7 men working at the same rate?,   24/7  <--- that many hours.

the division will give how long each man worked, and since it will be the same amount for each, that many hours it took for the whole job being done by the 7 of them.

[tex]\bf \cfrac{24}{7}\implies 3\frac{3}{7}\implies \textit{about 3 hours 25 minutes and 43 seconds}[/tex]

Define a new random variable by y = 2px. show that, as p l 0, the mgf of y converges to that of a chi squared random variable with 2r degrees of freedom by showing that

Answers

To show that the moment generating function (mgf) of a random variable y = 2px converges to that of a chi-squared random variable with 2r degrees of freedom as p approaches 0, we need to find the mgf of y using the definition of the mgf and substitute the new random variable. Then, by applying the limit as p approaches 0, we can demonstrate the convergence.

In this question, we are asked to define a new random variable, y = 2px, and show that as p approaches 0, the moment generating function (mgf) of y converges to that of a chi-squared random variable with 2r degrees of freedom.

To show this, we need to find the mgf of y by using the definition of the mgf and substituting the new random variable.

Then, as p approaches 0, we need to simplify the mgf and show that it converges to the mgf of a chi-squared random variable with 2r degrees of freedom.

By applying the limit as p approaches 0, we can demonstrate that the mgf of y converges to the mgf of a chi-squared random variable with 2r degrees of freedom.

WHO IS GOOD AT MATH!!!!! Solve this problem.
326-9²+32= ?

Answers

277; You want to use the order of operations so first, figure out 9 squared which is 81 so you take 326-81+32 , 326-81=245 then 245+32=277

Martene got a small aquarium for her birthday. The aquarium is a right rectangular prism 18.5cm long by 15cm wide. Martene put 3885 cm3 ​​ of water in the aquarium. How deep is the water in the aquarium -

Answers

14 cm is your answer
hope it helps

Please help and show all work.

Answers

( make sure you re word these some just in case)
1. Since r and t are each perpendicular to s, angles 1 and 5 are right angles and therefore are congruent corresponding angles. Since two lines cut by a transversal are parallel if the corresponding angles are congruent, lines r and t are parallel.( make sure you re word this some)
2. No, they will not be parallel because in order to form a 90 degree angle on each corner (to allow the sides to be parallel to each other), the angles have to add up to 90 degrees. When you add 37 degrees to 50 degrees, you are left with 87 degrees, which means that they will ever so slightly tilt away from each other, therefore not being parallel.

PLease Help!
A number x is no more than 9 units away from 8. Write and solve an absolute-value inequality to show the range of possible values of x.
1. |x + 9| ≤ 8
−17 ≤ x ≤ −1

2. |x + 8| ≤ 9
−17 ≤ x ≤ 1

3. |x − 9| ≤ 8
1 ≤ x ≤ 17

4. |x − 8| ≤ 9
−1 ≤ x ≤ 17

Answers

you need to work backwards
if it is no more than 9 units away from 8
thus x must be 8-9<x<8+9 solving -1<x<17
so the answer is 4.

Find the measure of Angle 1

Answers

AB || DC
so
m<1 = m<66

Answer:

66º

Step-by-step explanation:

From the picture we know that AB║CD. Therefore, the line BD is a transversal line between two parallels.

We know that in these cases, the alternate interior angles are the same.

In the picture, angle 1 and the angle that measures 66º are alternate interior angles. Therefore, angle 1 measures 66º as well.

∠1 = 66º

3.4−2.8d+2.8d−1.3 Combine like terms to simplify the expression

Answers

2.1 that's the
answer 

If f(x)=-2(5)^x what is f(2)

Answers

What the question is asking is for you to evaluate the function f at x=2, which means you'll need to substitute the x in the function for 2, giving you:

f(2) = -2(5)²

in february,Robbins and Myers,Inc.executed a 2-for-1 split.janine had 470 shares before the spilit.each share was worth $69.48. A.how many shares did she hold after the split? B.what was the post-split price per share? C.show that the split was a monetary non-event for janine?

Answers

After the split, Janine had 960 share worth $34.74. Since they doubled the amount of share, but decrease the amount of each share, Jane didn't gain or lose any money during the event.
Final answer:

Janine held 940 shares after the split. The post-split price per share was $34.74. The split was a monetary non-event as the total value of Janine's shares remained the same.

Explanation:

A 2-for-1 split means that for every one share of stock owned, an investor receives two shares in return. In this case, Janine had 470 shares before the split. After the split, she would have 470 x 2 = 940 shares.

The pre-split price per share was $69.48. Since the split was 2-for-1, the post-split price per share would be $69.48 / 2 = $34.74.

To show that the split was a monetary non-event for Janine, we can calculate the total value of her shares before and after the split. Before the split, Janine's shares were worth 470 x $69.48 = $32,621.60. After the split, her 940 shares would be worth 940 x $34.74 = $32,621.60. Therefore, the total value of her shares remained the same.

Learn more about Stock Split here:

https://brainly.com/question/33008145

#SPJ3

The revenue from selling x shirts is r(x) = 15x.

The cost of buying x shirts is c(x) = 7x + 20.

The profit from selling x shirts is p(x) = r(x) – c(x).

What is p(x)?

A. p(x) = 22x – 20
B. p(x) = 22x + 20
C. p(x) = 8x – 20
D. p(x) = 8x + 20

Answers

Hope this helps
The answer would be...
C. p(x) = 8x-20

The profit function, p(x) is the difference between the revenue and cost function of the shirt sales, Hence, the profit function is 8x - 20

Given the Parameters :

Revenue function, R(x) = 15x

Cost function, C(x) = 7x + 20

The profit function can be expressed thus ::

Revenue function - Cost Function

P(x) = R(x) - C(x)

P(x) = 15x - (7x + 20)

P(x) = 15x - 7x - 20

P(x) = 8x - 20

Therefore, the profit function is 8x - 20.

Learn more : https://brainly.com/question/8283882

Mary bought 20 bowls and plates for $96. each bowl cost $4.50 and each plate cost $1.50 more than a bowl. she bought more bowls than plates. how many bowls and how many plates did she buy?

Answers

This is a system of equation type of problem.

Let x represent the bowls and y represent the plates.


Your equations will be:

4.50x + 6y = 96

x + y = 20

We can solve this problem by either the substitution method or elimination method.

Substitution method:

1) Solve for x.

x + y = 20

x = 20 - y

2) Substitute x with 20 - y in the other equation.

4.50x + 6y = 96

4.50(20 - y) + 6y = 96

3) Distribute the outside term through the terms inside the parenthesis and simplify the rest of the equation.

90 - 4.50y + 6y = 96

90 + 1.50y = 96

1.50y = 6

y = 4

4) Now that we know the numerical value of y, solve for the numerical value of x by substituting once more.

a) x + 4 = 20

x = 16

b) 4.50x + 6(4) = 96

4.50x + 24 = 96

4.50x = 72

x = 16

*The solution is that:

Mary bought 16 bowls and 4 plates.

Audrey has $120 dollars to spend on a tennis racket and lessons. The racket costs $45 and the lessons cost $15 dollars per hour. Define a variable. The write and solve an equation to find how many hours of lessons she can afford.

Answers

45+15x=120
15x is the variable since it is a reoccurring fee.
x = how many hours she can afford
120 = 45 + 15x
first you subtract 45 from both sides
75 = 15x
divide both sides by 15
5 = x

so audrey can afford 5 hours of lessons

i hope this helps!!

What is the percent increase of 2826 to 3324?

Answers

Divide 3324 by 2826.
You will get the decimal 1.17622 etc.
round to the nearest thousandths place 1.18%

The answer is provided in the image attached.

Have a great day!

Billy picked 18 oranges. Taylor picked 3 times as many oranges as Billy did. They want to put them in bags with 9 oranges in each bag.



How many bags will they need for all the oranges?

Answers

18*3 = 54
54/9 = 6

So, they would need 6 bags.
I believe the answer is 6.

does this equation describe a linear function
Y=2/x-28

Answers

no soulation would be it
it's not a straight line so it's not a function :3

Before a sale, an item’s price was $38.00. After the sale discount, the price became $32.30. What was the percent of the sale discount

Answers

Answer:

15%

Step-by-step explanation:

Before a sale, an item’s price was $38.00.

Original price, p = $38.00

After the sale discount, the price became $32.30.

After discount price, q = $32.30

Difference of sale = 38.00 - 32.30

                            = $5.70

% of sale distance [tex]=\dfrac{difference}{original price}\times 100[/tex]

                              [tex]=\dfrac{5.70}{38.00}\times 100[/tex]

                              [tex]=15\%[/tex]

Hence, The sale discount is 15%

Before a sale, an item’s price was $38.00. After the sale discount, the price became $32.30. The percentage of the sale discount is 15%.

What is the percentage?

A percentage is a minimum number or ratio that is measured by a fraction of 100.

Before a sale, an item’s price was $38.00.

Original price, p = $38.00

After the sale discount, the price became $32.30.

After discount price, q = $32.30

Difference of sale = 38.00 - 32.30

                           = $5.70

The percent of the sale discount = difference/ original  x 100

                                                      = 5.70 / 38.00  x 100

                                                      = 15%

Thus, The percentage of the sale discount is 15%.

Learn more about percentages;

https://brainly.com/question/13450942

                             

#SPJ3

                             

The top of a manhole cover is shaped like a circle. The area of the manhole cover is 380 square inches. What is the circumference of the manhole cover, to the nearest inch? 

Answers

need to find the radius first

 area = pi*r^2

380 = PI *r^2

380/PI = r^2

r^2 = 121

r = sqrt(121) = 11 inches

 radius is 11 inches


 now calculate circumference:

 c = 2*PI*r

 C = 2 * 3.14 * 11

circumference = 69.08 = 69 inches

20 less than 5 times a number

Answers

the equation for this is 5x-20
Salutations!

Let the number be [tex]x[/tex]

The expression would be [tex]5x - 20 [/tex]

Hope this helps! 

Have a great day!

PLEASE HELP ME!!!! WORTH 10 POINTS!!
Write the point-slope form of the given line that passes through the points (-4, -1) and (3, -3). Identify (x1, y1) as (-4, -1).Include your work in your final answer. Type your answer in the box provided or use the upload option to submit your solution.

Answers

(-4, -1) and (3, -3)

slope m = (-3 + 1) /(3 + 4) = -2/7

y - y1 = m(x - x1)
(x1, y1) as (-4, -1)

equation
y + 1 = -2/7(x +4)

Answer:

[tex]y-(-1)=-\frac{2}{7}(x-(-4))[/tex]

Step-by-step explanation:

We know that the line passes through (-4,-1) and (3,-3), where [tex](x_{1} ,y_{1} )[/tex] is [tex](-4,-1)[/tex] and [tex](x_{2} ,y_{2} )[/tex] is [tex](3,-3)[/tex].

First, we need to find the slope with the formula

[tex]m=\frac{y_{2}-y_{1} }{x_{2}-x_{1} }[/tex]

Replacing given points

[tex]m=\frac{-3-(-1)}{3-(-4)}=\frac{-3+1}{3+4}=\frac{-2}{7}[/tex]

Then, we use the slope, one point and the slope-point form

[tex]y-y_{1} =m(x-x_{1} )\\y-(-1)=-\frac{2}{7}(x-(-4))\\ y+1=-\frac{2}{7}x+\frac{8}{7} \\y=-\frac{2}{7}x+\frac{8}{7}-1\\y=-\frac{2}{7}x+\frac{8-7}{7} \\y=-\frac{2}{7}x+\frac{1}{7}[/tex]

The slope-intercept form is

[tex]y=-\frac{2}{7}x+\frac{1}{7}[/tex]

The point-slope form is

[tex]y-(-1)=-\frac{2}{7}(x-(-4))[/tex]

At 1 P.M., there were 16 seagulls on the beach. At 3p.m., there were 40 seagulls. What is the constant rate?

Answers

at 1 p.m. there were 16 seagulls....at 3 p.m. there were 40 seagulls....that means in 2 hrs (from 1 to 3) there was an increase of (40 - 16) = 24 birds....
24 birds in 2 hrs = 24/2 = 12 birds per hr....ur constant rate is 12 per hr

If a snail can move 3/10 of a meter every 1/12 hour, what is the speed of the snail, in meters per hour?

1/4

5/18

1 1/2

3 3/5

Answers

First you have to find out what 1/12 of an hour is as well as what 3/10 of a meter is.  


60 divided by 12 = 5


5 = 1/12 of an hour


1000 cm divided by 10 is 100 cm


3/10 so 100 + 100 + 100 = 300 cm or 3/10 of a meter


A snail can go 300 centimeters in 5 minutes.


By seeing this I can estimate my answer and that would be 1 1/2 meters in one hour



Hpe I helped


Brainliest if satisfied



would mean a lot



I take K12 by the way






The speed of the snail, in meters per hour 3 3/5 meters/hour.

Given that, a snail can move 3/10 of a meter every 1/12 hour.

We need to find the speed of the snail, in meters per hour.

What is speed?

Speed tells us how fast something or someone is travelling. You can find the average speed of an object if you know the distance travelled and the time it took. The formula for speed is Speed = Distance ÷ Time.

Now, speed = 3/10 ÷ 1/12

=3/10 × 12/1

=18/5

=3 3/5

Therefore, the speed of the snail, in meters per hour 3 3/5 meters/hour.

To learn more about the speed visit:

https://brainly.com/question/7359669.

#SPJ2

The parent function of a graph is f(x) = x2. The graph shifts a units to the left and down b units. Which function models the transformed function?
A) y = x2 - a + b
B) y = (x - a)2 - b
C) y = (x + a)2 - b
D) y = (x - b)2 - a

B was incorrect, whats answer?

Answers

y = (x + a)2 - b is the answer

How do you construct a line segment perpendicular to the segment given through the point given?

Answers

Use the opposite reciprocal of the slope of the known line segment, then plug the point given as well as the opposite reciprocal of the slope into y = mx + b

Joanne deposits $4,300 into a one-year CD at a rate of 4.3%, compounded daily. How much interest does she earn?

Answers

This is a compund interest problem which means that the formula to use is
Final Amount = Initial investment (1+(rate/100)/amount of times it is compounded per year)^amount of times compounded per year*amount of years

A = P (1+R/N)^NT

this means that Joanne's final amount is $4488.92 or that she earned $188.92 in interest

In this case, Joanne's interest earned by depositing $4,300 into a one-year CD at a rate of 4.3%, compounded daily can be calculated by plugging the values into the formula.

To calculate the interest earned, use the formula for compound interest: I = P(1 + r/n)^nt - P, where I is the interest earned, P is the principal amount, r is the interest rate, n is the number of times the interest is compounded per time period, and t is the number of time periods.

Substitute the values into the formula to find the interest earned: I = $4,300(1 + 0.043/365)^(365*1) - $4,300

Given: p: 2x = 16 q: 3x – 4 = 20 Which is the converse of p → q?

Answers

Answer:

If q:3x-4=20 then p:2x=16

Step-by-step explanation:

We are given that two statement p and q

p:2x=16

q:3x-4=20

We have to find the converse of given statements.

Converse:

If p then q.

Converse statement

If q then p.

[tex]q\implies p[/tex]

Therefore, definition of converse

q: 3x-4=20

p: 2x=16

If q:3x-4=20 then p:2x=16

Show why the function f(x) = 3rad x is not differentiable at x=0

Answers

[tex]f(x) = 3\sqrt{x}[/tex]
[tex]f'(x) = -\frac{3}{2\sqrt{x}}[/tex]

When x = 0, f'(0) becomes undefined. Thus, we know that there is no derivative at x = 0. You could also show it by taking the limits, which is the fundamental of calculus. Show that as x approaches 0 from the negative side is not equal to the value as x approaches 0 from the positive side.

What this tells us is that there is no uniquely distinct point that satisfies the continuity of the curve in order for the graph to have a specific gradient at x = 0; thus, this means there is no gradient at x = 0, and hence, the function is not differentiable at x = 0

5,550 divide 10 to the power of 3

Answers

This would be 5.55

5550÷10^3=5.55

Hope this helps

The solution involves dividing 5,550 by 1,000, which gives 5.55. The expression 10³ represents 1,000, simplifying the division. Therefore, 5,550 divided by 10 to the power of 3 equals 5.55.

To solve the problem 5,550 divided by 10 to the power of 3, follow these steps:

First, understand that 10 to the power of 3 is equivalent to 10³.Calculate 10³: 10 × 10 × 10 = 1,000.  Now, divide 5,550 by 1,000: 5,550 ÷ 1,000 = 5.55.

Therefore, 5,550 ÷ 10³ = 5.55.

HELP ME PLZ PPL!!!!
Solve for x: |x − 2| + 10 = 12 (1 point)


x = −20 and x = 4

x = −4 and x = 0

No solution

x = 0 and x = 4

Answers

The answer is D. x=0 and x=4 because a way to determine the answer is by inputting all the choices for x they have and if any of them has the answer then choose that one
Other Questions
you earn $70 per week mowing lawns one week you work 10 hours during the week and spend $20 on gasoline for your mower how much do you earn each hour Genes that actively control the expression of a trait are referred to as: PLZ HELP Simplify the rational expression. State any excluded values. 2x/-5x+x^2 i s skillful,deft,humid,and innate antonyms Assume you have a 10 pound weight in your hand explain while easier to flex the right elbow when your forearm is supinated then when it is pronated Belinda wants to buy 5 pictures to hang in her family room . If each picture costs $30.90 how much will it cost her to buy 5? Justify your answer by using distributive property A window has a radius of 12 inches. What is the circumference of the window? Use 3.14 to approximate pi. Round your answer to the nearest whole number. The surface area of an open-top box with length L, width W, and height H can be found using the formula: A= 2LH + 2WH + LW Find the surface area of an open-top box with length of 7 cm, width 6 cm, and height 3 cm. Which value for x makes the sentence true? 5(9x-6) + 15 = 210A. 8 B. 10 C. 2 11/17D. 5Best full explanation gets brainiest, rating and thx. PLEASE DONT ANSWER IF YOU CANT EXPLAIN! Which type of loan most often involves long-term repayment over 30 years?auto loanscredit cardsmortgage loanspersonal loans The atomic number of krypton (Kr) is 36, and its mass number is 84. How many neutrons does it have?18364872 The notion that words are arbitrary and have no meaning in themselves refers to which characteristic of language All of the following are true regarding the economic hardships on farmers EXCEPT: Question 1 (1 point) Question 1 UnsavedElige la respuesta correcta.Yo soy la _______ de mis padres.Question 1 options:hermanahijamadreprimaSaveQuestion 2 (1 point) Question 2 UnsavedElige la respuesta correcta.Mis _______ son los hijos de mis tas y tos.Question 2 options:hermanamedio hermanoprimossuegrosSaveQuestion 3 (1 point) Question 3 UnsavedElige la respuesta correcta.Mi ______ es el hijo de mi madrastra.Question 3 options:hijastropadreabuelohermanastroSaveQuestion 4 (1 point) Question 4 UnsavedElige la respuesta correcta.Mi abuela es la ________ de mi madre.Question 4 options:hermanahijamadreabuelaSaveQuestion 5 (1 point) Question 5 UnsavedElige la palabra que no es una comida.Question 5 options:pasaspicantepescadomariscosSaveQuestion 6 (1 point) Question 6 UnsavedElige la palabra que no es una fruta.Question 6 options:cerezamangolechugaguayabaSaveQuestion 7 (1 point) Question 7 UnsavedElige la respuesta correcta.Cmo puedes describir un chile jalapeo?Question 7 options:picantedulceelegantesabrosoSaveQuestion 8 (1 point) Question 8 UnsavedElige la respuesta correcta. Antes de servir la cena, Mara tiene que _______.Question 8 options:poner la mesafregar los platosinvitar a los amigoscaminar con el perroSaveQuestion 9 (1 point) Question 9 UnsavedElige el pronombre correcto. (OBJETO INDIRECTO)Doy la tarea a la maestra. -> ____ doy la tarea.Question 9 options:lalesenosSaveQuestion 10 (1 point) Question 10 UnsavedElige el pronombre correcto. (OBJETO INDIRECTO)A nosotros no ___ importa nada.Question 10 options:nossemelesSaveQuestion 11 (1 point) Question 11 UnsavedElige el pronombre correcto. (OBJETO INDIRECTO)Paul da flores a Rachel. -> Paul ___ de flores.Question 11 options:leslalosleSaveQuestion 12 (1 point) Question 12 UnsavedElige el pronombre correcto. (OBJETO INDIRECTO)Jim compra pizza para ellos. -> Jim ____ compra pizza.Question 12 options:loslaslesleSaveQuestion 13 (1 point) Question 13 UnsavedElige la forma correcta de gustar.Mis amigos ________ las papas fritas.Question 13 options:les gustales gustanle gustale gustanSaveQuestion 14 (1 point) Question 14 UnsavedElige la forma correcta de gustar.A ti ________ leer libros.Question 14 options:Te gustasTe gustanTe gustale gusta 1.) Each time a ball hits the ground, it bounces back to 2/3 of its previous height. On its second bounce, the ball reaches a height of 12 in. What was the balls original height?2.) A runner jogs on a 1/4-mi track. How many miles does the jogger run in 18 laps?Thanks! what word or term describes a world community of people with common homeland? Urbanization and industrialization led toa. a decrease in reform movementsb. poor living and working conditions for the massesc. better living and working conditions for the massesd. an increase in independent thought for the average worker microorganism and humus have little impact on soil health After a discount of 10%, the price of a pair of jeans, including tax, was $69.62. The following equation can be used to find x, the price of the pair of jeans without the discount:x - 0.1x + 0.07(x - 0.1x) = 69.62What is the price of the pair of jeans without the discount? A-$70.58b-$72.29c-$74.86d- Which of these items was invented during the Bronze Age? A.Iron bowls B.Wooden spears C.Stone axes D.Metal plows Steam Workshop Downloader