
A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 10% per year. If the interest earned in the first year is $650, how much did she invest in each account?

...A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 12% per year. If the interest earned in the first year is $730, how much did she invest in each account?

A woman has a total of $10,000 to invest. She invests part of the money in an account that pays 6% per year and the rest in an account that pays 9% per year. If the interest earned in the first year is $750, how much did she invest in each account?

A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 12% per year. If the interest earned in the first year is $730, how much did she invest in each account?

A woman has a total of $9000 to invest. She invests part of the money in an account that pays 7% per year and the rest in an account that pays 8% per year. If the interest earned in the first year is $664, how much did she invest in each account?


A women has a total of $9000 to invest. She invests part of money in an account that pays 8% per year and rest in account that pays9% per year, if the interest earned in the first year is$750, how much did she invest in each account

System Of Elimination: Greg invested $11,000 in two accounts. The first account pays 5% interest per year. The second account pays 8% interest per year. Greg earned a total of $752.50 in interest at the end of the first year. How much did Greg invest in

a mother wants to invest 7000 for her son's future education.she invest in two account: a money market fund that pays 4% and a certificate of deposit that pays 7%. if the total interest earned after one year is $420, how much money was invested in each

You split $1500 between two savings accounts. Account A pays annual 5% interest and Account B pays 4% annual interest. After one year,you have earned a total of $69.50 in interest. How much money did you invest in each account?

A man invest $12000 in two accounts.If one account pays 10% per year and the other pays 7% per year, how much was invested in each account if the total interest earned in the first year was $960?

Mr. Wilson invested money in two accounts. His total investment was $40,000. If one account pays 4% in interest and the other pays 8% in interest, how much does he have in each account if he earned a total of $2,720 in interest in 1 year?

Travis has a total of $6,000 invested in two accounts. The total amount of interest he earns from the accounts in the first year is $420. If one account pays 6% per year and the other pays 9% per year, how much did he invest in each account?

suppose you invest a certain amount of money n an account that pays 11% interest annually, and 4000 more than that in an account that pays 12% annually, How much money do you have in each account id the total interest for a year is 940

Jon invested a total of $40,000 in 3 different bank accounts. One pays an annual interest rate of 3%, the second account pays 5% annual interest and the third account pays 6% annual interest. In one year, Jon earned a total of $1960 in interest from these

A mother wants to invest 8,000 dollars into her child's college fund. She invests a portion of the money into a CD account which earns 4% interest, and the remainder into a savings bond which earns 7% interest. If the total interest earned after one year


A woman has money in two accounts. One account pays 7% annual interest, whereas the other pays 15% annual interest. If she has $1,500 more invested at 15% than she does at 7% and her total interest for a year is $1,545, how much does she have in each

Sherpa invests $10,000 in a saving account which pays a compound interest at R% per year if the total interest earned in 2years is $400, find the value of R.

1. A man establishes an annuity for retirement by depositing $50,000 into an account that pays 7.2% compounded monthly. Equal monthly withdrawals will be made each month for 5 years, at which time the account will have a zero balance. Each year taxes must

You have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual interest. If after a year you have made $380 in interest, how much money did you invest in each account?

Nico was stunned when he opened the mail. Here was a check for $322.50! This was the interest he earned on his investment. One year ago Nico had been given $5,000. His parents made him put it in the bank and save it for college, but they said he could keep

Assume we invest $2000 for one year in a savings account that pays an APR (Annual Percentage Rate) of 10% compounded quarterly. Calculate the interest and compound it by hand each quarter rather than using the compound interest formula. The total interest

A person plans to invest a total of $9000 in an account that pays 3% annual interest and another account which pays 8% annual interest. How much should be invested in each account so that the total interest for one year will be $580.

Johnny has two bank accounts. One pays 7% interest and the other pays 10% interest. A total of $25,000 invested in the two accounts. Last year he earned $2,200 in interest on two accounts. How much money does he have in each account? define variables and

Ronelio invests $29,000 in two oneyear certificates of deposit. One certificate pays 4%, and the other pays 4.75% simple interest annually. (a) Construct a model for the total interest I(x) Ronelio earns in one year on his investments. (Let x represent

After a protracted legal case, Joe won a settlement that will pay him $11,000 each year at the end of the year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end of year


A.After a protracted legal case, Joe won a settlement that will pay him $11,000 each year at the end of the year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end of year

After a protracted legal case, Joe won a settlement that will pay him $11,000 each year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest today, assuming end of year payments, so there will be

theo invests £800 in an account that pays 2% simple interest each year how much interest is earned in a year how much there will be in the account after 5 years how much will there be in 10 years

A person deposits money into a retirement account, which pays 7% interest compounded continuously, at a rate of $1000 per year for 20 years. Calculate: a. The balance of the account at the end of 20 years b. the amount of money actually deposited into the

Please answer these questions: 1. After a protracted legal case, Joe won a settlement that will pay him $11,000 each year at the end of the year for the next ten years. If the market interest rates are currently 5%, exactly how much should the court invest

A total of $13,000 is invested in two accounts. One of the two accounts pays 7% per year, and the other account pays 13% per year. If the total interest paid in the first year is $1,390, how much was invested in each account? account paying 7% $ account

Last year, Deon had $10,000 to invest. He invested some of it in an account that paid 6%simple interest per year, and he invested the rest in an account that paid 9% simple interest per year. After one year, he received a total of $810 in interest. How

Amanda invested a total of $3,600 into three separate accounts that pay 5%, 7%, and 9% annual interest. Amanda has four times as much invested in the account that pays 9% as she does in the account that pays 5%. If the total interest for the year is $282,

A. Joe won a lottery jackpot that will pay him $12,000 each year for the next ten years. If the market interest rates are currently 12%, how much does the lottery have to invest today to pay out this prize to Joe over the next ten years? B. Mary just

A man invests $10, 000 in an account that pays 8.5% interest per year, compounded quarterly. What is the amount of money that he will have after 3 years


Mr. and Mrs. Abdullah invest a total of $10,000 in two savings accounts. One account pays 5% interest and the other 6%. Find the amount placed in each account if the accounts receive a total of $540 in interest after one year.

Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides to investigate several

Please help check my answers to make sure they are correct. I used the "sinking fund payment and present value of an ordinary annuity" formulas to solve this story problem. Thanks! Story: Naomi Dexter is 20 years old. She decides to investigate several

Each year, Cathy invests $1,200 in her account. The account pays an interest rate of 6.3%. The formula to calculate the balance in her account is B =A(1+ r)n+1 A, where r A is the amount invested per year, r is the interest rate, and n is the number of

1. Joe won a lottery jackpot that will pay him $12,000 each year for the next ten years. If the market interest rates are currently 12%, how much does the lottery have to invest today to pay out this prize to Joe over the next ten years? 2. Mary just

Sam opened a moneymarket account that pays 2% simple interest. He started the account with $7,000 and made no further deposits. When he closed the account, he had earned $560 in interest. How long did he keep his account open?

Julie earned a $1500 bonus at work for doing a good job. She placed part of the money in a regular savings account earning 2.5% annual interest. She placed the remaining amount in a money market account earning 5% interest annually. At the end of the year

Julie earned a $1500 bonus at work for doing a good job. She placed part of the money in a regular savings account earning 2.5% annual interest. She placed the remaining amount in a money market account earning 5% interest annually. At the end of the year

jack invested $4000 in two accounts. one pays simple interest at the rate of 5% and the other pays simple interest at the rate of 6%. if jack earned a total of $224 in interest in the first year, how much did he invest in each account?

At the beginning of the year 2000, Bob put $100 in a savings account. The bank pays Bob 5% interest on his total savings at the end of each year including all interest added to the account. Assume the interest rate continues and Bob does not deposit any


Mary just deposited $33,000 in an account paying 7% interest. She plans to leave the money in this account for eight years. How much will she have in the account at the end of the seventh year? Mary and Joe would like to save up $10,000 by the end of three

Last year, Deon had $20,000 to invest. He invested some of it in an account that paid 6% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year. After one year, he received a total of $1880 in interest. How

A mother wnats to invest $6,000 for her son's future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remaainder is a savings bond that earns 7%. If the total interest earned after one year is $360.00,

Last year, Susan had 30,000 to invest. She invested some of it in an account that paid 8% simple interest per year, and she invested the rest in an account that paid 7% simple interest per year. After one year, she received a total of $2150 in interest.

Last year, Carmen had $20,000 to invest. She invested some of it in an account that paid 9% simple interest per year, and she invested the rest in an account that paid 5% simple interest per year. After one year, she received a total of $1680 in interest.

last year, justin had 30,000 to invest. he invested some of it in an account that paid 5% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year. After one year, he recieved a total of $2500 in interest. How

You invest $20,000 in two accounts. Account A earned 4.5% annual simple interest and Account B earned 6% annual simple interest. the total amount of interest earned for 1 year was $987.50, how much was invested into each account?

Show how you substitute the values into the formula, then use your calculator. *Use A = P(1+r/n)nt to find the amount of money in an account after t years, compounded n times per year. *Use I = Prt to find the amount of simple interest earned after t years

You invest $275.00 in a moneymarket account that pays simple interest at a rate of 10%. How long must you leave your investment in the moneymarket account if you expect to earn $27.50 in interest? A year? How do I work it?

Your Aunt will give your $1,ooo if you invest it for 10 years in an account that pays 20% interest compounded annually. That is, at the end end of each year your interest will be added to your account and invested at 20%. What will your account be worth at


. (TCO 3) Mark deposited $1,000 today, in an account that pays eight percent interest, compounded semiannually. Which one of the following statements is correct concerning this investment? (Points : 3) Mark will earn more interest in year 4 than he will

Alice puts money into two accounts, one with 2% annual interest and another with 3% annual interest. She invests 3 times as much in the higher yielding account as she does in the lower yielding account. If her total interest for the year is $27.50, how

Alex invested money in two accounts, and after one year, one of them had earned 13% interest and the other 9%. He had $700 more invested in the lower interest account and earned a total of 239 in interest after one year. How much did Alex invest in each

If you deposit $10,000 in a bank account that pays 10 percent interest annually, how much money will be in your account after 5 year?

Suppose you wish to invest X dollars in a bank account which pays 5% per year. You want to use this account to pay for costs that appear each year, starting with year 15. The amount you have to pay in year 15 is 276.71 and then the payments grow at a rate

Alex invested money in two accounts, and after one year, one of them had earned 13% interest and the other 9%. He had $700 more invested in the lower interest account and earned a total of 239 in interest after one year. How much did Alex invest in each

Julia invests $80,000 in an account which pays 5.97% interest compounded quarterly. After 20 years and 6 months, how much money will she have in the account?

Adrian has $12,000 invested in a savings account which pays 5%, a time deposit paying 7% and a bond that pays 10%. He has $1000 less invested in the bond than in his savings account, and he earned $860 in annual interest. How much money is in each account?

Samantha opened a savings account and deposited some money into the account. The account pays an annual simple interest rate of 5%. After 9 years, the interest earned on the account was $1,800. How much money did Samantha deposit in the account?

Suppose $500 is divided into two bank accounts. One account pays 15% simple interest per year and the other pays 10%. After three years there is a total of $200 in interest between the two accounts. How much was invested into the bank account that pays 10%


Suppose $6,500 is divided into two bank accounts. One account pays 10% simple interest per year and the other pays 4.6%. After two years there is a total of $1000 in interest between the two accounts. How much was invested into the bank account that pays

A mother wants to invest $9,000.00 for her son’s future education. She invents a portion of the money in a bank certificate of deposit (Cd account) which earns 4% and the remainder in a saving bond that earns 7%. If the total interest earned after one

A mother wants to invest $ 12,000.00 for her sons education. She invests a portion of the money in a bank certificate of deposit (CD Account) which earns 4% and the remain saving bond that earns 7%. If the total interest earned after a year is 720.00, How

Jose invests money in two simple interest accounts. He invests twice as much in an account paying 10% as he does in an account paying 7%. If he earns $94.50 in interest in one year from both accounts combined, how much did he invest altogether? Total

Carlos invested $6,000 in a money market mutual fund that pays interest on a daily basis. The balance in his account at the end of 8 mo (245 days) was $6,230.23. Find the effective rate at which Carlos's account earned interest over this period (assume a

Solve the problem. Helen Weller invested $15,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the total interest is equal to the interest on the two investments

Linda has $9000 to invest. She invested x dollars in an account that earned 3% simple interest and the remainder of the money in an account that earned 2.6% simple interest. In one year, both accounts together earned $250 interest. How much was invested in

Mr Srinivasan invests $55 000 in a fixed deposit account. The interest rate is 3.3 % per year. How much money will he have in the account after 1 year?

Last year, Ivan had $20,000 to invest. He invested some of it in an acount that paid 9% simple interest per year, and he invested the rest in an account that paid 7% simple interest per year. After one year, he received a total of $1780 in interest. How

Paula invested into two accounts; one pays 5% simple interest and the other 6% simple interest. She invested $3000 more in the account paying 6% than in the other account 5%. At the the end of the first year, Paula total return was 730. How much did she


Lucas wins $50,000(after taxes) in the lottery and decides to invest half of it in a 5year CD that pays 5.35 percent compounded quarterly (4 times/year). He invests the other half in a money market fund that unfortunately turns out to average only 2.6

Compound Interest Question James has 10,000 to invest. If he invest money in a savings account that pays 4% APR, calculate the following: a) how long will it take to have a total of 15,000 if interest is compounded quarterly (3months)? b)how much will he

Phyllis invested 67000 dollars, split between two different accounts. The money in the first account earns simple interest at the rate of 4 percent per year. The money in the second account earns simple interest at the rate of 6 percent per year. After one

How much money must you pay into an account at the beginning of each of 11 years in order to have $5,000 at the end of the 11th year? Assume that the account pays 8% per year, and round to the nearest $1.

a mother wants to invest 5000 for her sons future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $300.00,how

a mother wants to invest 5000 for her sons future education. She invests a portion of the money in a bank certificate of deposit which earns 4% and the remainder in a savings bond that earns 7%. If the total interest earned after one year is $300.00,how

I cannot figure this out for the life of me. Maybe I am overthinking it. Money is transferred into an account at the rate of R(t)=5000t(e^0.6t) If the account pays 2% interest compounded continuously, how much will accumulate in the account over a 9year

Compound interest word problem. Suppose JJ has $1000 that he invests in an account that pays 3.5% interest compounded quarterly. How much money does JJ have at the end of 5 years? Formula: A= The amount of money earned after a certain length of time. P=

if you invest 500 dollars in a savings account that pays 8% interest per year, compounded quarterly, how much will you have in the account at the end of 11.6 years?

how much money would have to be invested in an account at 3.98% annual interset to achieve a balance of 25,000 in 17 years if a. The account pays simple interest b. the account compound interest qrtly c. the account compounds interest continuously


The next morning, Kevin meets with a client who would like to invest $20,000 into an account that pays 3.2% interest, which is compounded annually. How much money is in the account after 5 years if no withdrawals or additional deposits are made?

James has 10,000 to invest. If he invest money in a savings account that pays 4% APR, calculate the following: a) how long will it take to have a total of 15,000 if interest is compounded quarterly (3months)? b)how much will he have after 7yrs if interest

Last year, Joe had to invest. He invested some of it in an account that paid simple interest per year, and he invested the rest in an account that paid simple interest per year. After one year, he received a total of in interest. How much did he invest in

Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 8%. After 11 years, the interest earned on the account was $8,800. How much money did Mike's

ms. buxx invested a total of $2000 in two savings accounts. The first account pays 3% interest per year and the second account pays 5% interest per yera. If the interest from both accounts totals $84 per yera, how much is invested in each account?

Ness won $2400000 in a state lottery. After paying 39% of her winnings to taxes, she invested some of the money into an account earning 4.8% interest and the rest into an account earning 3.9% interest. If the total interest earned was $65655, how much did

Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 11%. After 13 years, the interest earned on the account is $5720. How much money did Mike's grandmother

. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vicepresident for finance decided to invest $2,000,000 in a 2month investment that pays 11.5% simple interest. How much interest will

1. A sum of $15,000 was invested in three funds for 1 year. At the end of the year Fund A had earned 8% interest, Fund B had earned 11% interest and Fund C had earned 5% interest. A total of $1,230 was earned in interest. Twice as much money was initially

To save for a child's education,the petersen's deposited $2500 into an account that pays 6% annual interest compounded daily. Find the amount of interest earned on this account over a 20year period.


Vanessa deposited money into a bank account that earned 1.25% simple interest each year. After 1212 year, she had earned $5.00 in interest on the account. If no other money was deposited into or withdrawn from the account, how much was her initial deposit?

1. Jacksonville Technical College received $3,445,553 in state aid on September 15 for the fall academic semester. The vicepresident for finance decided to invest $2,000,000 in a 2month investment that pays 11.5% simple interest. How much interest will

robin invests $50 on the first of every month into a superannuation account. His employer, Batman, pays 9% of Robin's monthly income of $2500 at the end of the month into the same account. Interest is paid at the rate of 6% p.a. compounded monthly. (a)

robin invests $50 on the first of every month into a superannuation account. His employer, Batman, pays 9% of Robin's monthly income of $2500 at the end of the month into the same account. Interest is paid at the rate of 6% p.a. compounded monthly. (a)

Bermie deposited $ 4000 into an account that pays 45/a compounded quarterly during the first year. The interest rate on this account is then increased by o.2% each year. Calculate the balance in Bernie's account after three years.