Mr. Thomas invested an amount of 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be 3508, what was the amount invested in Scheme B?
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- Mr. Thomas invested an 13,900 in two different schemes A and B at the simple interest rate of 14% and 11% respectively. If the total amount of simple interest earned in 2 years be 3508, what was the amount invested in Scheme B?Mr. Thomas invested an $13 900 divided in two different schemes A and B at the simple interest rate of 14% and 11% respectively. If the total amount of simple interest earned in 2 years be 3508, what was the amount invested in Scheme B?Mr Mangena invested an amount of R13890 divided in two different schemes A and B, at the simple interest rate of 14% per annum and 11% per annum respectively. If the total amount of simple interest earned in three years is R5 508. What was the amount invested in scheme B
- Ms. Walsh invested $35,000 in two accounts. one yielding 8% interest and the other yielding 9%. if she received a total of $3,000 in interest at the end of the year, how much did she invest in each account? the amount invested at 8% was $ the amount invested at 9% was $Mukesh Ltd has received £65,661 after investing for 6 years at an annual interest rate of6.5%. What was the original amount they invested?Mr. Chua invest 45,000 into two different accounts which pay 7% and 8% annual interest. If he earned a total of 45,000 for the year, how much did he invest at each rate?
- Rico invested P5,000 for 3 years at 8%. Find the difference in the interest if the money is invested at compound interest calculated once per year and simple interest.Maria invested part of her P800,000.00 in an investment earning 12% per annum while the remaining at 10% per annum. If she received P90,000.00 amount of interest for one year, how much did she invested on each interest rate?Phyllis invested $9,000, a portion earning a simple interest rate of 4 1 2 % per year and the rest earning a rate of 4% per year. After one year the total interest earned on these investments was $400.00. How much money did she invest at each rate?
- Phyllis invested $7,500, a portion earning a simple interest rate of 4 1/5 % per year and the rest earning a rate of 4% per year. After one year the total interest earned on these investments was $312.00. How much money did she invest at each rate? at 4 1/5 % per year $ at 4 % per year $Eric invested $2,000 at the beginning of every 6 months in an RRSP for 11 years. For the first 9 years it earned interest at a rate of 4.40% compounded semi-annually and for the next 2 years it earned interest at a rate of 5.30% compounded semi-annually. a. Calculate the accumulated value of her investment at the end of the first 9 years. $57,787.31 $58,007.88 $43,591.27 $44,550.27 b. Calculate the accumulated value of her investment at the end of 11 years. $57,787.31 $58,007.88 $53,094.50 $44,550.27 c. Calculate the amount of interest earned from the investment. $14,007.88 $13,787.31 $13,463.65 $544.23Fernando invested money in a 3-yr CD (certificate of deposit) that returned the equivalent of 6.5% simple interest. He invested $3000 less in a 30-month CD that had a 2% simple interest return. If the total amount of interest from these investments was $1075.00, determine how much was invested in each CD. Fernando invested $_______ in the 3-yr CD and $_________ in the 30-month CD.
