Solution-How much did he invest at each amount

How much did he invest at each amount

Assignment Help Mathematics

Reference no: EM131397046

An actor invests some money at 9 %, and $35000 more than twice the amount at 10%. The total annual interest earned from the investment is $29020. How much did he invest at each amount? Use the six-step method.

Reference no: EM131397046

Questions Cloud

What is the mean and variance of the sample mean : If n = 10 observations are randomly sampled from a distribution with mean µ = 9 and variance σ 2 = 8, what is the mean and variance of the sample mean?

Figure out the probability of rolling any event : 1. Your are playing a game of Yahtzee, which has 5 dice that you use. How many possible number arrangements (sample space) are there, so that you can figure out the probability of rolling any event.

Simple interest rate should she charge him : Frank borrows $1389 from Samantha for 48 months. If Samantha wants Frank to repay a total of 5% more than what he borrowed, what annual simple interest rate should she charge him?

Identify common elements found in successful classes : After the interviews, write a one-page paper summarizing your findings and identify common elements found in successful classes and in unsuccessful classes. Submit this paper to your instructor.

How much did he invest at each amount : An actor invests some money at 9 %, and $35000 more than twice the amount at 10%. The total annual interest earned from the investment is $29020. How much did he invest at each amount? Use the six-step method.

What are some opportunities for internal auditing : What are some opportunities for internal auditing to use technology to improve the way audits are performed? Find and summarize a relevant article dealing with the importance of soft skills in performing audits.

What you can conclude from the output of cross tabulation : Variable relationships are very important in quantitative research. They tell researchers what effect different variables have upon one another. One of the easiest ways to display relationships between variables is through a cross-tabulation (cros..

How a company could use a variable costing system : M3A1 & M3A2- Explain, with the help of an example, how a company could use a variable costing system, as well as an absorption costing system. You have the option of using the company you work for as an example.

What would be the likely state of the economy : The past, current and future status of major economic indicators and their relations to the economy in a foreseeable period of time. What would be the likely state of the economy for the next few years?

User Account

All Pages

How much did he invest at each amount

Reference no: EM131397046

Reference no: EM131397046

Questions Cloud

Reviews

Write a Review

Mathematics Questions & Answers

Questions on ferris wheel

Logistic map

Finding the probability of cards

Systems of ode

Derive the boolean expression

System of equations

Linear programming problem

Find the natural domain

Introduction to numerical methods

Chart of the topological manifold

Mathematics in computing

Complex problems

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT