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 $
Q: Dr. Barrett wants to purchase a new piece of equipment for his practice. The equipment can be…
A: Earning before tax = Revenue - expense - interest cost - depreciation = $68000 - 32000 - 0 -…
Q: The Carp family makes a $30,000 down payment on a $150,000 home. They finance it for 15…
A: Data given: Property amount ($) 150000 Down payment ($) 30000 Time (in years) 15…
Q: How did they get net cash inflow in this problem? I don't need anything else solved, just need to…
A: Data given: Sale of prototype chips in 2021 = 595 Sale of prototype chips in 2022 = 595+85= 680 Sale…
Q: ow can an entrepreneur better manage his/her working capit
A: For new business the working capital management is very important for the business and effectiveness…
Q: (Retirement Planing) Now you are 22 years old, you want to retire ate age 65. You would like to…
A: Current Age 22 years Retirement age 65 Semi annual payment amount after retirement is $70,000 Gift…
Q: On August 10, a credit card account had a balance of $320. A purchase of $51 was made on August 15,…
A: Here, Credit Card Balance is $320 Purchase on Aug 15 is $51 Payment on Aug 15 is $78 Charged on Aug…
Q: ZCCM-IH is a major supplier of iron ore to the steel industry and the company is the 4th largest…
A: Capital budgeting tools include NPV and IRR. NPV id the difference between the present value of cash…
Q: Jessica has identified a stock pattern showing a head-and-shoulders bottom formation and its price…
A: Head and shoulder bottom formation shows that after a long period of increase the prices are going…
Q: The total interest paid on a 15 year $250,000 mortgage at 7% annual interest rate. Assume tha the…
A: Solution: We know, interest is charged on the balance outstanding in a mortgage.
Q: Elearning Company would like to develop its technology process by purchasing a production equipment…
A: Net present value is the difference between the present value of cash inflows and present value of…
Q: Macy's was selling Calvin Klein jean shirts that were originally priced at $46.00 for $8.74. a. What…
A: Amount of markdown = Original Price - Sales Price Percentage Markdown = Amount of markdown /…
Q: explain how capital asset pricing model (CAPM) won a novel prize.
A: Meaning of capital asset pricing model(CAPM), It is a model which is related to the determination…
Q: Question 2 (a) Discuss the various methods of raising equity capital that are available to U.K.…
A: Given, (Part a) Meaning of Equity capital:- The capital which is free from all kinds of debt…
Q: Using both duration and convexity, estimate the new price of a 5-year 9% coupon bind with par calue…
A: Face Value od bond is $100 YTM is 9% Coupon rate is 9% Time period is 5 years Change in yield is…
Q: 4/ Julieta and Eric are purchasing a home. They wish to save money for 15 years and purchase a house…
A: Solution:- When an equal amount is deposited each period, it is called annuity, We have, future…
Q: When a client feels understood by the financial planner, The client is more understanding of the…
A: Understanding a financial plan means that the client has understood how the plan will go, what its…
Q: ABD Company manufactures and sells a single product. A partially completed schedule of the…
A: 1 Units produced and sold 30000 40000 50000 Total costs Variable costs…
Q: If there were a 3% load on this fund, what would your rate of return be?
A: Annual percentage rate (APR) or rate of return refers to the simple rate of interest which is…
Q: The market price of a stock is $35.00. An investor has purchased a call option for 100 shares of…
A: Market price of stock = $35.00 Exercise price = $20.00 Size of contract = 100 Shares Intrinsic value…
Q: Mr. Abdullah borrows $80,000 at 14 percent interest toward the purchase of a home. His mortgage is…
A: Given: Interest rate = 14% Loan = $80,000 Years = 25
Q: If $19,000 is deposited in an account earning interest compounded weekly at 5.87% for 13 years, what…
A: Effective Rate of Interest: It is the annual rate on a loan or investment considering the effects…
Q: a) Enter your desired amount of money you wish to receive each month while retired = 3 7000 b) Upon…
A: The money as you deposit each month grow to much larger amount due to effect of compounding of…
Q: Halliford Corporation expects to have earnings this coming year of $3.31 per share. Halliford plans…
A: The Gordon Growth Model: The Gordon growth model recognizes that a firm can grow at different growth…
Q: Find the amount accumulated FV in the given annuity account. (Assume end-of-period deposits and…
A: An annuity is an insurance contract where we get fixed payments for life.
Q: how was the trading of uwmc company in march 2022?
A: UMWC holdings stands for United Wholesale Mortgage, located in Pontiac, Michigan, is a national…
Q: When it is sunny, Joe's ice cream truck generates a profit of $512 per day, when it is not sunny,…
A: Expected profit per day can be calculated as the sum of the product of probability with the possible…
Q: what will their total PITI payment be?
A: PITI Payment: It represents principal, interest, taxes, and insurance payments towards the monthly…
Q: How much will $100 buy you in 20 years?
A: Inflation: It represents the increase in the prices of the cost of living for a period of time. It…
Q: monthly payments, antique, find the future value of the annuity.
A: Future value of Ordinary Annuity: It refers to the future value of annuity payments that are made…
Q: How much money be invested today in order to withdraw P1500 per year at the end of each year for 8…
A: Annual withdrawal (P) = P1500 Interest rate (r) = 8% Number of annual withdrawal (n) = 8
Q: .) How much money will you start with in each account? Show your work below. (Hint: be sure your…
A: Future Value: It is the future worth of the present investment and is estimated by the compounding…
Q: price-to-earnings ratio
A: Price to earnings ratio refers to the ratio who is valuing a company which measured the current…
Q: You are asked to help the company "X" by computing the Loan repayment table. a) Draw up the…
A: An equal cashflow for a fixed number of times at equal intervals is called annuity. If A is equal…
Q: 8. Suppose a certain bond sold a volume of 2, 375, 000. If the bonds sold for $824.99, calculate the…
A: Given: Volume sold = 2,375,000 Bond price = $824.99 Coupon = 3.961
Q: A company is considering two projects. Project A Project B Initial investment $200,000 $200,000 Cash…
A: The Payback Period is one of the traditional techniques of capital budgeting that does not take into…
Q: (c) Company X plans to purchase a methanol plant for $1 million. The plant is expected to generate…
A: Net present value is the difference between the present value of cash flow to the initial investment…
Q: The Free Enterprise system is also known as a money market O market economic system O cash advance…
A: The free market, commonly known as capitalism, is an economic system based on supply and demand. The…
Q: Question 7 A company monitored the cost of its product inspection for 8 years. The costs were AED…
A: Present worth and future worth are two techniques of capital budgeting. Present worth use…
Q: Question 5 Capital Budgeting is a critical issue in the sustainability of any given enterprise…
A: The process by which a company evaluates potential major projects or investments that are profitable…
Q: Distinguish between direct finance and indirect finance. Which of these is the most important source…
A: Direct finance-Under direct finance, there is a direct relationship between lender and borrower.…
Q: I was thinking about the topic B. What would be the answer : b. Ignoring tax, depreciation, and…
A: Payback period is a capital budgeting technique which helps the company in knowing that in…
Q: 2. Juliet is a risk-averse investor. Romeo is a less risk-averse investor than Juliet. Therefore. •…
A: Bartleby honor code states that when multiple questions are asked, the expert is required to solve…
Q: Macy's was selling Calvin Klein jean shirts that were originally priced at $46.00 for $8.74. a. What…
A: Solution:- Markdown means the selling an item at a price less than its original price. So, markdown…
Q: A company estimates that it can sell 4,000 units each month of its product if it prices each unit at…
A: When 4000 units are sold: Sale Value = 4000*80 = $3,20,000 Total Cost = Fixed Cost + Unit Production…
Q: maxımum time to complete. It also show to plan her projects effectively.
A: C. The critical path method
Q: It is important to diversify your investments to maximize your returns and lower your overall risks.…
A: Diversification decreases risk by investing in a variety of financial instruments, sectors, and…
Q: You want to earn a real rate of return of 6.50% at a time when the inflation rate is 3.25%. What is…
A: Real rate of return = 6.50% Inflation rate = 3.25%
Q: Year-to-date, Oracle had earned a -1.44 percent return. During the same time period, Valero Energy…
A: Portfolio return = ( Weight 1 * Return 1) + ( weight 2 * Return 2) +...(weight n * Return n)
Q: The present value of an annuity of $1 for 3 years at 15% is 2.2832 The net present value of…
A: Net Present Value: It represents the project's or investment's absolute profitability in amount.…
Q: Comparative financial statements for Weller Corporation, a merchandising company, for the year…
A: As per our guidelines, we are supposed to answer only 3 sub-parts (if there are multiple sub-parts…
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 $
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Kristina invests a total of $23,000 in two accounts. The first account earned an annual interest rate of 12% and the second account earned an annual interest of 10%. At the end of one year, the total amount of money gained was $2,470.00. How much was invested into each account?_________$ was invested in the account that earned 12% and__________$ was invested in the account that earned 10%.Maria invests a total of $29,500 in two accounts paying 15% and 14% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $4,330.00Ryan invests $4400 in two different accounts, the first account paid 8%, the second account paid 14% in interest. At the end of the first year he had earned $436 in interest. How much was in each account?
- 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?A woman has a total of $8,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 11% per year. If the interest earned in the first year is $460, how much did she invest in each account? account paying 5% $________ account paying 11% $___________Ryan invested 56000 in Koy Rural Bank and Soy Rural Bank. Koy Rural Bank pays 8% interest per year, and Soy Rural Bank pays 10% per year.If the total interest earned on the investment is 5560 after one year.How much money was invested in each account
- Cody invested the profit of her business in an investment fund that was earning 2.25% compounded monthly. She began withdrawing $5,000 from this fund every 6 months, with the first withdrawal in 4 years. If the money in the fund lasted for the next 3 years, how much money did she initially invest in the fund?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 $Aimee invested part of Php35,000 in a stock paying 9% interest for 2 years and the balance in a stock paying 6% interest for 4 years. It turns out that the two investments earned equal interests. How much was invested at each rate? What is the total interest earned?
- Margaret M. withdrew $630,315 from an account into which she had invested $350,000. If the account paid interest at 4% per year, she kept the money in the account for how many years?Suppose a person invests a toal of $10,000 in two accounts. One account earns 8% annually and the other earns 9% annually. If the total ineterest earned from both accounts in a year is $860, how much is invested in each account?In January 2001, Bianca invested $5,000 for three years at 4.20%; in January 2010, she invested $5,000 for two years at 3.81%; and, in January 2011, she invested $5,000 for one year at 3.55%. Bianca's savings account in each year paid 2.8%, 1.59%, and 1.13% respectively. In January, 2014, if Bianca reinvests her initial capital of $15,000., plus the interest it has earned for another two-year term, her bank will likely offer to pay a higher rate of return Question 27 options: to compensate for junk bonds relatively high chance of default. as compensation for the relatively high chance of bank failures. to match the rate of return that its bonds are expected to pay at the time of purchase. on the CD in exchange for her promise to leave the funds invested for the set-term.
