Things did not go quite as planned. You invested $20,000, part of it in a stock with a 12% annual return. However, the rest of the money suffered a 5% loss. If the total annual income from both investments was $1890, how much was invested at each rate?
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- Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one could purchase all three cars for a total of $140,000. This year, due to inflation, the same cars would cost $151,830. The cost of the BMW increased by 8%, the Jeep by 5%, and the Toyota by 12%. If the price of last year's Jeep was $7,000 less than the price of last year's BMW, what was the price of each of the three cars last year?If you are solving a break-even analysis and there is no break-even point, explain what this means for the company. How should they ensure there is a break-even point?Jed and Ej decided that their profit and loss sharing ratio should be equal to their initial capital investment. If Jed and Ej had capital balances of P 200, 000.00 and P 100, 000.00, respectively, how much profit would Ej get if Jed got P 50,000.00 for last year?
- one safe investment pays 10% per year, and a riskier investment pays 18% per year. A woman who has $145,600 to invest would like to have an income of $20,000 per year from her investments. How much should she invest at each rate?You inherit $28,000 from a very wealthy grandparent, with the stipulation that for the first year, the money must be invested in two stocks paying 4% and 10% annual interest, respectively. How much should be invested at each rate if the total interest earned for the year is to be $1600?Devon invested $8000 in three different mutual funds. A fund containing large cap stocks made 6.2% return in 1 yr. A real estate fund lost 13.5% in 1 yr, and a bond fund made 4.4% in 1 yr. The amount invested in the large cap stock fund was twice the amount invested in the real estate fund. If Devon had a net return of $66 across all investments, how much did he invest in each fund?
- One safe investment pays 2% per year, and a more risky investment pays 14% per year. A woman who has $144,000 to invest would like to have an income of $10,560 per year from her investments. How much should she invest at each rate?You inherit $ 70000 from a very wealthy grandparent, with the stipulation that for the first year, the money must be invested in two stocks paying 4% and 10% annual interest, respectively. How much should be invested at each rate if the total interest earned for the year is to be $ 4000?A car that originally cost $3,943 in 1955 is valued at $64,125 if in excellent condition. This is 2 1/4 times as much as a car in very nice condition-if you can find an owner willing to part with one for any price. What would be the value of the car in very nice condition?
- A recent college graduate has job offers for a sales position in two computer firms. Job A pays $50,000 per year plus 10% commission. Job B pays only $40,000 per year, but the commission rate is 20%. How much yearly business must the salesman do for the second job to be more lucrative?Suppose you invest money in two accounts. One of the accounts pay 10%10% annual interest, whereas the other pays 12%12% annual interest. If you have $5,000$5,000 more invested at 12%12% than you invested at 10%10%, how much do you have invested in each account if the total amount of interest you earn in a year is $1,040$1,040?Devon invested $6500 in three different mutual funds. A fund containing large cap stocks made a 7.3% return in 1 yr. A real estate fund lost 14.6% in 1yr, and a bond fund made 5.8% in 1 yr. The amount invested in the large cap stock fund was twice the amount invested in the real estate fund. If Devon had a net return of $203 across all investments, how much did he invest in each fund?