User Account

All Pages

Sum of the amounts in the other two accounts

Assignment Help Mathematics
Reference no: EM131073743

A total of $8,500 was invested in three interest earning accounts. The interest rates were 2%, 3%, and 6%. If the total simple interest for one year was $380 and the amount invested at 6% was equal to the sum of the amounts in the other two accounts, then how much was invested in each account?

Reference no: EM131073743

Questions Cloud

Savings account that earns compound interest : Suppose that Celeste invests $10,000 in a savings account that earns compound interest (monthly) at an annual percentage rate of 4.3%, and Jeffrey invests $10,000 in a savings account that earns compound interest (quarterly) at an annual percentag..
Derive the equilibrium price ratio of the contingent claims : Derive the equilibrium price ratio of the contingent claims contract for this economy. What assumption did we make in this problem that was key to the result you obtained in la) and lb)? Explain.
How do cognitive psychologists study mental imagery : Are mental images of events and objects in people's world the same in content as events and objects they have actually experienced with their senses - Are mental images and real experiences processed by the same or different brain structures?
Mistakes in future practice : Reply to other students agreeing or disagreeing with your responses, and add any additional advice to avoid making these types of mistakes in future practice.
Sum of the amounts in the other two accounts : The interest rates were 2%, 3%, and 6%. If the total simple interest for one year was $380 and the amount invested at 6% was equal to the sum of the amounts in the other two accounts, then how much was invested in each account?
Fuel to return to its starting point : A plane carries enough fuel for 20 hours of flight at an airspeed of 150 miles per hour. How far can it fly into a 30 mph headwind and still have enough fuel to return to its starting point? (This distance is called the point of no return)
Indicated point and meets the indicated condition : Write an equation of the line that contains the indicated point and meets the indicated condition(s). Write the final answer in the standard form Ax + By = C, A > 0: parallel to 3x + 4y = 8.
Semi-annual compounding : (a) Calculate the amount due in 4.5 years using a simple yearly interest rate. (b) How much interest do you owe using a simple interest rate? (c) Calculate the same amount using semi-annual compounding.
Design a system by which a control signal : The SCR in Figure 1 below requires a 3 V trigger.  Using Multsim, design a system by which the gears are shifted when a CdS photocell resistance drops below 4k.

Reviews

Write a Review

Mathematics Questions & Answers

  A national study found that treating people appropriately

a national study found that treating people appropriately for high blood pressure reduced their overall mortality by

  Integration-trigonometric substitution

Please evaluate the following integral using trigonometric substitution. Please show all steps in the solution.

  Evaluate the point on the graph

Evaluate the point on the graph that is closest to given point - Find the point on the graph of the function that is given to closest point.

  Using the regression module

Using the regression module of Excel's Add-in Data Analysis, perform 3 simple regressions by regressing overhead costs against each of the proposed independent variables. Show the output for each regression and evaluate each of the regression results..

  What are the dimensions of the block

a new fence is constructed on three sides of a housing block with area 240m^2 the fourth side facing the road is left open. if 52 of fencing is used, what are the dimensions of the block?

  What legal right do you have to these exams

What legal right do you have to these exams? Did you create them? Did you get permission to post them? Do you have permission from the author of these detailed solutions to post them publicly?

  How geologists assess relative and absolute time

Describe how geologists assess relative and absolute time. Be sure to mention all of the principles related to relative timing and provide a brief description of each.

  What is the volume of grain that can be stored in the silo

A grain silo has a cylindrical shape. Its diameter is , and its height is . What is the volume of grain that can be stored in the silo?

  What is the probability of getting the indicated result

What is the probability of getting the indicated result

  Find the general solution of the network flow

Find the general solution of the network flow. Find the smallest possible value for x6.

  What is the p-value required to reject the null hypothesis

Perform a hypothesis test to determine whether the mean running time has increased as a result - the principal wants to perform a hypothesis test to determine whether the average amount of time spent watching television per week has decreased.

  Statistics or probability re jukebox scenario

Statistics or Probability re Jukebox Scenario, On a Jukebox with 2000 songs, what is the probability that a single song will play during a 1 hour period, a 3 hour period

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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