How much did she invest in each bond

Assignment Help Mathematics
Reference no: EM13186256

Kelly Fisher invested a total of $20,000 invested in two municipal bonds that have yields of 7% (bond A) and 9% (bond B) interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1480, how much did she invest in each bond?

Reference no: EM13186256

Questions Cloud

Write a procedure make-accumulator : Write a procedure (make-queue) that produces independent first-in-first-out queue objects, using a message-passing style.
State a water treatment plant flowrate : A water treatment plant has a flowrate of 40,000 m3/d. If the overflow rate is 25 m3/d/m2, determine the following:
Affect the kind of civilization that developed in the area : How did the geography of Greece affect the kind of civilization that developed in the area? (their economic system/ location of cities/ creation of a unified country/ protection and invasion..)
What price does each firm charge : Consider a monopolistically competitive market with N firms. Each firm's business opportunities are described by the following equations: Demand: Q=100/N-P Marginal Revenue: MR=100/N-2Q Total cost: TC=50+Q(squared) Marginal Cost: MC=2Q
How much did she invest in each bond : Kelly Fisher invested a total of $20,000 invested in two municipal bonds that have yields of 7% (bond A) and 9% (bond B) interest per year, respectively. If the interest Kelly receives from the bonds in a year is $1480, how much did she invest in ..
How many different cars can be ordered : The car can be ordered in any one of seven exterior colors. How many different cars can be ordered?
Estimate the percent of alumni in favor of the program : A small private university is planning to start a volunteer football program. a random sample of alumni is surveyed. it was found that 250 were in favor of this program, 75 were opposed and 25 had no opinion. a. estimate the percent of alumni in fa..
Explain a methyl ketone is used as a substrate : The reaction that you will conduct in this experiment is known as a "haloform" reaction. When a methyl ketone is used as a substrate, what is it converted to in this reaction?
How many different ballots are possible : If voters can choose to leave any item blank, how many different ballots are possible?

Reviews

Write a Review

Mathematics Questions & Answers

  Make an appropriate probability space

Set up an appropriate probability space. Which is larger, (a) the probability of having a full house given that the first 2 cards you've dealt have the same denomination, or (b) the probability of having a full house given that there exist 2 cards

  A fast food outlet has an average of cars

A fast food outlet has an average of 8 cars at the drivethrough during "lunch rush" 11am-1pm. On average, 2 cars per min. arrive at the resaurant parking lot, and consider the drivethrough

  Analysis of process capability

You are the process improvement manager and have developed a new machine to cut insoles for the company's top-of-the-line running shoes. You are excited because the company's goal is no more than 3.4 defects per million

  Calculate the double integral by using two iterated integral

Find the volume of the solid bounded by the cylinder y^2 + z^2 = 4 and the planes x = 2y, x = 0, z = 0 in the first octant. Calculate the double integral by using two iterated integrals with different orders of x and y integration. Do not use pola..

  Find the percent increase in venture capital for internet

Venture capital in internet-related companies in the first quarter of 1996 was $148.7 million. In the first quarter of 1997, venture capital increased to $309.1 million. Find the percent increase in venture capital for internet-related companies f..

  Find the speeds of the two cars

Write a system of equations for the problem, and then solve the system. Two cars leave a city and head in the same direction. After 4 hours, the faster car is 24 miles ahead of the slower car. The slower car has traveled 164 miles. Find the speeds..

  Find the probability that the number

63 percent of men consider themselves basketball fans. You randomly select 10 men and ask each if he considers himself a basketball fan. Find the probability that the number who consider themselves basketball fans is (a) exactly eight, (b) at leas..

  Compute the approximate y-values

Use Euler's method with step size 0.5 to compute the approximate y-values y1,y2,y3, and y4 of the solution of the initial-value problem y'= -2 + 2x - 4y, y(0)= -3

  What are the two possible lengths of the box

A box with a square base has length plus girth of 114 in. (Girth is the distance "around" the box.) What are the two possible lengths of the box, if its volume is 2000 in3?

  Graphs for three equations and find common point

Using first two equations determine 3 possible points that the 2 conic sections that you get from equations meet. Add a third equation figure to out the one point that all three conic sections meet.

  Probability combinations

Probability : Combinations, Mr james just won 6 tickets for each of 2 consecutive Giants home football games. For the first game, Mrs James will not be able to attend so he has 5 extra tickets.

  Equivalence relation on set r of all real numbers

Show that == (where == is the equivalence relation defined below) is an equivalence on A, and find a (well-defined) bijection %: A== -> B, where

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd