erikagg98p82bpo
erikagg98p82bpo erikagg98p82bpo
  • 01-05-2018
  • Mathematics
contestada

A combined total of $49,000 is invested in two bonds that pay 2% and 6.5%simple interest. The annual interest is $2,5100. How much is invested in each bond?

Respuesta :

choixongdong
choixongdong choixongdong
  • 01-05-2018
let x is the bond pay 2% and y is the pay 6.5%
x + y = 49,000 so x = 49,000 - y
0.02x + 0.065y = 2,510
substitute x = 49,000 - y into 0.02x + 0.065y = 2,510

0.02x + 0.065y = 2,510
0.02(49,000 - y) + 0.065y = 2,510
980 - 0.02y + 0.065y = 2,510
0.045y = 1,530
         y = 34,000
         x = 49,000 - y = 49,000 - 34,000 = 15,000

answer
invested $34,000 in the bond that pays 6.5% rate and $15,000 in bond that pays 2% rate

Answer Link

Otras preguntas

what was the debate between North and South over counting slave populations
You borrow $200 from a friend to help pay for a new laptop computer. You pay your friend $12 back per week. Write and solve an inequality to find when you will
descibe the process that produced the bretz floods
what is 84.985 rounded to the nearest tenth
The United States in Congress assembled shall never engage in a war, nor grant letters of marque or reprisal in time of peace, nor enter into any treaties or al
Carbohydrates give us energy. How does protein benefit us?
What is the capital of Zimbabwe
5/8 of the 64 musicians in a music contest are guitarists, some of them play jazz solos, and the rest play classical solos. the ration of the number of guitaris
Use a property to explain why the product of a multiple of 10 and a number will have a zero in the ones place
is the gcf os a pair of numbers ever greater than both numbers ? explain with an example.