Posted by **bryan** on Sunday, January 27, 2013 at 8:05pm.

Suppose you have $9000 to invest and you invest part of it ($×) in a high risk venture at 11.5% per annum and the remainder with the bank at 4.5% per annum, both for one year.

1) write an algebraic expression for the amount of money invested at 4.5%

2) write an algebraic expression for the interest on ($×) at 11.5% for one year

3)write and simplify an expression for the total interest earned on the whole investment of $9000 after one whole year.

4) if you pay government tax on your interest at a rate fo 33 cents in the dollarwrite and simplify an expression for the amount of money that you receive from your interest after one year,after the tax is paid.

## Answer This Question

## Related Questions

- math - hakiim invested 15000 he put part of it in a term deposit that paid 4% ...
- Math - I can invest money at 5.75% per annum. How much should I invest now to ...
- math - A bank has loaned out $750,000, part of it at 5% per annum and the rest ...
- Washington high - A women has a total of $9000 to invest. She invests part of ...
- Math - Karthi had RS.5000 with him. he lent a part of 12% per annum simple ...
- intermediate math - maria has recently retired and requires an extra $7200 per ...
- PRINCIPLE OF PROGRAMMING LOGIC & DESIN - Draw a flowchart and write a pseudocode...
- math - linear programming - A woman wishes to invest $12,000 in three of bonds: ...
- Math - A woman has a total of $9000 to invest. She invests part of the money in ...
- Algebra 2 - A man is planning to invest up to $22,000in bank X or bank Y or both...

More Related Questions