Michelle invested $10,000 for one year, part at 8% interest and the rest at 12% annual interest. Her total interest for the year was $944. How much money did she invest at 12% interest?

Step by step please.

Answers

Answer 1

Answer:

Michelle invested $ 6,400 at 8% and $ 3,600 at 12%.

Step-by-step explanation:

Given that Michelle invested $ 10,000 for one year, part at 8% interest and the rest at 12% annual interest, and her total interest for the year was $ 944, to determine how much money did she invest at 12% interest, the following calculation must be done:

10,000 x 0.08 + 0 x 0.12 = 800

8,000 x 0.08 + 2,000 x 0.12 = 880

4,500 x 0.08 + 5,500 x 0.12 = 1,020

6,000 x 0.08 + 4,000 x 0.12 = 960

6,500 x 0.08 + 3,500 x 0.12 = 940

6,400 x 0.08 + 3,600 x 0.12 = 944

Therefore, Michelle invested $ 6,400 at 8% and $ 3,600 at 12%.


Related Questions

F
is directly proportional to
a
.
If
F
=
25
when
a
=
5
find,
F
when
a
=
8

Answers

Since F and a are directly proportional, we can relate F to our unknown F, and a to our other known a.

25 / 5 = F / 8

Cross-multiply to solve.

5F = 200

F = 40

Hope this helps!

What is the range of the relation (-2, 4), (3,-2), (1, 0), (5,5)?

A. {-2, 3, 1,5}
B. {4,-2, 0,5}
C. {-2, 4, 5, -2}
D. {-2,-1, 0, 5}

Is it D?

Answers

Answer:

A.{-2,3,1,5 } or D. {-2, -1, 0,5}

Last question, so please help me out ASAP!

Answers

Answer:

5/18

Step-by-step explanation:

conditional probability formula:

A|B (a given b)  = (A∩B)/(B)

so

Moderate|college (moderate given college)= (moderate∩college)/college

moderate∩college= 15

college= 11+15+28= 54

15/54= 5/18


What is the multiplicative rate of change of the
function?

Answers

Answer:

0.25×5=0.125

0.125×0.5=0.0625

0.0625×0.5=0.03125

the multiplicative rate of chage of the function is 0.5

2. Based on the cash flows shown in the chart below, compute the IRR and MIRR for Project Erie. Suppose that the appropriate cost of capital is 12 percent. Advise the organization about whether it should accept or reject the project.

Project Erie

Time 0 1 2 3 4 5

Cash Flow $12,000 $2,360 $4,390 $1,520 $980 $1,250


Answers

Answer:

IRR = -5.19%

MIRR =  3.33%

The company should reject the project

Step-by-step explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator

Cash flow in year 0 = -$12,000

Cash flow in year 1 = $2,360

Cash flow in year 2 =  $4,390

Cash flow in year 3 = $1,520

Cash flow in year 4 = $980

Cash flow in year 5 = $1,250

IRR = 5.19%

The modified internal rate of return is a capital budgeting method used to determine the profitability of an investment. The MIRR assumes that cash inflows are reinvested at the firm's cost of capital and outflows are financed at the firm's financing cost.

MIRR = (Future value of a firm's cash inflow / present value of the firm's cash outflow)^ (1/n)  - 1

n = number of years

present value of the firm's cash outflow = $12,000

Future value of a firm's cash inflow

Future value of year 1's cash flow = $2,360 x (1.12^4) = $3,713.51

Future value of year 2's cash flow =$4,390 x (1.12^3) = $6167.63

Future value of year 3's cash flow =$1,520  x (1.12^2) = $1906.69

Future value of year 4's cash flow = $980 X 1.12 = 1097.60

Future value of year 5's cash flow = 1250

Add the future values together = $14,135.43

($14,135.43 / $12,000)^0.2 - 1 = 3.33%

The project should be rejected because the IRR is negative.  

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

Find x . Please and thank you

Answers

Answer:

x = 6

Step-by-step explanation:

In similar triangles,  corresponding sides are in same ratio

[tex]\frac{x+3}{3}= \frac{6}{2}\\\\ \frac{x+3}{3}=3\\\\x+3 = 3*3\\\\x+3 = 9\\\\x = 9-3\\\\x = 6[/tex]

whats 3x+34+23y=
frezz

Answers

Answer:

3x+34+23y, You can not add in this equation as there are no like numbers.

Step-by-step explanation:

Answer:

isnt it 60xy

Step-by-step explanation:

Please help me!! Thank you.​

Answers

Answer:

8640

Step-by-step explanation:

According to question,

P= 6000

T=3 year 8 months = 11/3 years

R= 12% per annum

Simple interest is given by :

[tex]SI=\frac{PRT}{100} \\SI=\frac{6000*12}{100} *\frac{11}{3} \\SI=24*11\\SI=2640 Rs[/tex]

Now,

Amount = P+SI

Amount=6000+2640

Amount=8640 Rs

8640 Rs amount which will clear her debt

When you find the surface area of a cube, you ________ the length of the cube and
multiply by 6

Answers

Answer:

The word for the blank would be "square".

Step-by-step explanation:

Since the area of a face of a cube would be square its side length, the total surface area of a cube would be that times 6.

Hope this helped!

Answer:

square

Step-by-step explanation:

the area of a cube is found by squaring the length

solve the equation (log base 3^x)^2_6log base 3^x+9=0​

Answers

Step-by-step explanation:

the answer is in the above image

Please answer i will give brainliest

Answers

Answer:

sorry bro......sis

Step-by-step explanation:

don,t know its answer

Radian=degree/57.3 = 26/57.3 = 0.45 rad

Degree= radian x 57.3 = 5π/9 x 57.3 = 100.007 degree

I hope that helps and wish you the best !!

(First correct answer will get brainliest) Determine the length of AB. Write your anseer in simplest form

Answers

Answer:

[tex] \frac{6}{6 + AB} = \frac{8}{8 + 10} \\ \\ 6 + AB = \frac{6 \times (8 + 10)}{8} \\ 6 + AB = 13.5 \\ AB = 7.5 [/tex]

The length of AB is 7.5

Jacque needs to buy some pizzas for a party at her office. She's ordering from a restaurant that charges a $7.50, 7, point, 50 delivery fee and $14 per pizza. She wants to buy as many pizzas as she can, and she also needs to keep the delivery fee plus the cost of the pizzas under $60

Whats the Inequality

Answers

Answer:

7.50 + 14x < 60

x < 3.75

Step-by-step explanation:

Let

x = number of pizzas ordered

Delivery fee = $7.50

Cost per pizza = $14

Total cost should be less than $60

The inequality

7.50 + 14x < 60

14x < 60 - 7.50

14x < 52.5

x < 52.5/14

x < 3.75

Plz help ASAP I got 10 mins !!!!!

Answers

Answer:

x=5

Step-by-step explanation:

Since the triangles are similar we can use ratios to solve

4.5     7.5

---- = ------

3            x

Using cross products

4.5x = 3 * 7.5

4.5x = 22.5

Divide each side by 4.5

x = 22.5/4.5

x=5

A leading automobile magazine has 60 pages and 4,50,000 copies are printed every month. How many pages in all are printed in the month of April?

Answers

Answer:

See the explanation below

Step-by-step explanation:

Number of months =4

Number of copies =450000

Number of pages =60

Number of copies in 4 months =450000*4

=1800000

Number of pages is

=1800000 *60

=108,000,000

please help! i think the answer is 12 but any verification would be greatly appreciated!

Answers

Answer:

13.9 or 14

Step-by-step explanation:

a^2 + b^2 = c^2

5^2 + 13^2 = c^2

25 + 169 = 197

square root 197 to get c

c = 13.9 (14 rounded up)

Helpful thing to note is that the hyptoenuse will always be longer than your "long side" of the triangle

the right answer is 12 !

For what value of k will the relation y = kx² + 8x + 8 have only one zero? (3 marks)

Answers

Answer:

2

Step-by-step explanation:

2x^2 + 8x + 8

factor the 2 out : 2(x^2 + 4x + 4)

2(x + 2)^2

x = -2

Which of the following are solutions to the quadratic equation? Check all that
apply.
x2 + 8x + 16 = 7

Answers

Answer:

[tex]x=-4+\sqrt{7}[/tex]

[tex]x= -4-\sqrt{7}[/tex]

Step-by-step explanation:

Quadratic

How much almond milk does James use per teaspoon of cashew butter

Answers

Put the whole problem, we need more information

the bag of skittles has 3 parts red skittles , 5 parts yellow skittles and 7 parts orange skittle. Represent this ratio three ways;visually, using ratio notation and using fraction notation

Answers

Step-by-step explanation:

Given that,

The bag of skittles has 3 parts red skittles, 5 parts yellow skittles and 7 parts orange skittle.

Ratio notation is= 3:5:7

Frction notation,

Red skittle[tex]=\dfrac{3}{3+5+7}=\dfrac{1}{5}[/tex]

Yellow skittle [tex]=\dfrac{5}{3+5+7}=\dfrac{1}{3}[/tex]

Orange skittle [tex]=\frac{7}{3+5+7}=\dfrac{7}{15}[/tex]

Hence, this is the required solution.

KoKo Chocolatiers sells their truffes in rectangular boxes. They are going to start ordering circular boxes, too. The rectangular box is made from metal that is 0.3 cm thick. The circular box will be constructed from laminated cardboard that is 0.2 cm thick. The height of the circular box will be the same as the rectangular box. If the volumes of the two boxes are equal, then what is the radius (r) of the circular box?

Answers

Answer:

r = 9.61 cm

Step-by-step explanation:

Volume of a rectangular box = length × width × height

= 21.5 cm × 13.5 cm × 6 cm

= 1,741.5 cm³

Volume of a rectangular box = 1,741.5 cm³

Since,

Volume of a rectangular box = Volume of a circular box

Then,

1,741.5 cm³ = Volume of a circular box

Volume of a circular box = πr²h

1,741.5 cm³ = 3.14 * r² * 6 cm

1,741.5 = 18.84r²

r² = 1,741.5/18.84

r² = 92.436305732484

r = √92.436305732484

r = 9.6143801533163

Approximately,

r = 9.61 cm

I'll give brainliest to the best answer if you help me with the image down below!

Includes: an explanation please

Answers

Answer:

3 Pounds

Step-by-step explanation:

2.82 rounded to the nearest whole number is 3.

If we wanted to round 2.82 to 2, it would have to be 2.49 or less

A battery with a voltage of 3 V provides a voltage of 0.56 C to some circuits. Calculate the electrical power provided by this battery

Answers

Answer:

The power is 1.68 W.

Step-by-step explanation:

Voltage, V = 3 V

charge, q = 0.56 C

time, t = 1 s

Let the power is P.

P  = V q /t

P = 3 x 0.56 / 1 = 1.68 W

NEED HELP FAST ILL MAKE BRAINLIEST

Jenna's English teacher tells her that there are 5 vowels in the alphabet. Based on this information, Jenna states that given any word in the English language, the probability of randomly choosing a vowel from among the word's letters is 5/26.

Explain the flaw in Jenna's reasoning.

Provide a word where the probability of randomly choosing a vowel from the word's letters is 1/2.

Answers

Answer:

Number of alphabets in English = 26 Number of vowels = 5 (a, e, i, o ,u) So, the probability of choosing a vowel = 5/ 26.

find AD and AB
hhjhh​

Answers

Answer:

y = 13

x = 20.6155281281

Step-by-step explanation:

5^2 + 12^2 = y^2

25 + 144 = y^2

169 = y^2

[tex]\sqrt{169}[/tex] = y

y = 13

y^2 + 16^2 = x^2

13^2 + 16^2 = x^2

425 = x^2

20.6155281281 = x

Hope this helps!

simple Answer:

y = √(119)

x = √(375)

Step-by-step explanation:

harder answer:

12^2 - 5^2 = y^2

y = √(119)

16^2+ √(119) = 375

x = √(375)

please solve this fast.

Answers

2/3

The fraction has not been simplified

(8/27)^(t/3) = [(8/27)^(1/3)]^t = [(8^(1/3)) / (27^(1/3))]^t = (2/3)^t
So each year the number of bacteria is multiplied by 2/3

A fruit seller buys lemons at 2 for a dollar and sells them at 5 for three dollars. What is his gain percent?
a)10%
b)15%
c)20%
d)25%​

Answers

I’m not sure but I think it’s C) 20%, I hope this helps

No Docs/No Files only real answer
5-star rated and I will give a brainliest

Answers

A seen it on the test

Answer:

question a is technically 7.5 and question b is 7.5

Step-by-step explanation:

half half

Evaluate x2+9/x2 for each of the given values.

What is the value of the expression when x = 3?
2
3
10
undefined
What is the value of the expression when x = 1?
2
3
10
undefined
What is the value of the expression when x = 0?
2
3
10
undefined

Answers

Answer:

ok so we just substate the number in so

6+9/6

6+1 1/3 = 7 1/3

so for part a the answer is 7.33

for part b

2+9/2

3+4 1/2 =7 1/2

so the answer is 7.5

A:7.33

B:7.5

Hope This Helps!!!

Answer:

A, 2

B, 10

C, undefined

Step-by-step explanation:

Just did the assignment  E2021

Pls answer……………………..

Answers

Answer:

Step-by-step explanation:

J and k are parallel if

angle 1 = angle 4 (vertically opposite angles)

angle 2 + angle 5 = 180 degree (being co interior angles)

angle 4 = angle 5 (being alternate interior angles)

angle 1 = angle 5 (being corresponding angles)

Answer:

2 and 5 are co - interior angles

1 and 3 are corresponding angles

1 and 4 are alternate

6 and 8 are corresponding angles

Step-by-step explanation:

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