Claire invested some money at 4% simple interest and twice that amount at 5%. her total interest was 490. how much did she invest at each rate?
Claire invested some money at 4% simple interest and twice that amount at 5%. her total...
An actor invested some money at 8% simple interest, and $49,000 more than twice the amount at 11%. The total annual intrest earned from the investment was $28,790. How much did he invest at each amount?
In planning her retirement, Liza deposits some money at 33% interest, with twice as much deposited at 44%.Find the amount deposited at each rate if the total annual interest income is $14301430. She deposited $___ at 33% and $____ at 44%.
Granny Smith wants her money to be safely invested. She decides to invest her money in the lowest risk securities available and thus, she invests in short term Treasury bonds. She wants to have money saved up for a family trip in 2 years and wants to give her granddaughter some money for college in 3 years. The inflation rate is to be 4% next year, 5% the following year and 6% in the third year. Maturity risk is .1%...
Katie invested a total of $5000, part at 5% simple interest and part at 6% simple interest. At the end of 1 year, the investments had earned $271 interest. How much was Katie invested at a rate of 5% and at a rate of 6%
Suzanne borrowed a certain amount of money at an annual simple interest rate of 4.3%, if she returned $5891 after 245 weeks, how much interest did she pay? Round your answer to the nearest dollar.
21. A total of $10,000 is invested in two accounts, one If the interest earned for the first year was paying 5% annual interest and the other 6%. $540, how much did she invest in the account paying 5%? 21. A total of $10,000 is invested in two accounts, one If the interest earned for the first year was paying 5% annual interest and the other 6%. $540, how much did she invest in the account paying 5%?
A stockbroker has money in three accounts. The interest rates on the three accounts are 10% , 11% , and 12% . If she has twice as much money invested at 11% as she does in 10%, three times as much at 12% as she has at 10% , and the total interest for the year is $ 136, how much is invested at each rate?
Larry Mitchell invested part of his 5-40,000 advance at 4% annual simple interest and the rest at antal simple interest if his total yearly interest to both accounts was $1.480, find the amount invested at each rate
sam invested 2100, some at 8.6% interest and the rest at 10%. how much did he invest at each rate if he received 201.60 in interest in one tear?
4. (a) Suppose Fannie Rich wants to put her money in the bank so that she could get $5,000 in 5 years; if the bank is willing to pay annual interest of 2% for that amount of money, what is the value of Fannie’s money today? (b) Using the Rule of 72 and the rate of 2%, Fannie could probably have doubled her money in how many years? 5. (a) What is the difference between simple and compound interests rates?...