Posted by shirley on Wednesday, April 2, 2008 at 7:03pm.
i am stumped! i just draw a blank! can you help!!!!!!!11
>.< I'll give you a hint.
Let x = the amount he put into a CD(not to be confused with the circular thingy ;/).
Let 10000-x = the amount he put into the fund.
When you understand this, the rest should come to you.
i'm new at this i get 4000 and 6000 but i don't know the formula
Yes, 4000 and 6000 is correct. What formula?
thanks for your help.
Related Questions
math - Mr. puts $10,000 into a CD that pays 8.5% interest compounded monthly. If...
Math - At the end of each quarter, a 50-year-old woman puts $3000 in a ...
math - a money market fund pays 14% annual interest compunded daily. What is the...
math - A money market fund pays 14% annual interest compounded daily. What is ...
econ - You are making $1,000 monthly deposits into a fund that pays interest at ...
math - at the end of every 3 months, Rita deposits $100 into an account that ...
Math - Here is my problem: Annual Earnings. A recent survey reported the ...
business finance - If i invested 10,000.00 in a bank CD that pays a 6% annual ...
math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
bussiness fianace. - You deposit $5,000 into a 3-year certificate of ...
For Further Reading