Determine whether the money can be deposited

Assignment Help Mathematics

Reference no: EM131124177

9 Savings accounts An algebra student has won $100,000 in a lottery and wishes to deposit it in savings accounts in two financial institutions. One account pays 8% simple interest, but deposits are insured only to $50,000. The second
account pays 6.4% simple interest, and deposits are insured up to $100,000. Determine whether the money can be deposited so that it is fully insured and earns annual interest of $7500

Reference no: EM131124177

Questions Cloud

Media portrayals and representations : After studying both of the assigned readings, Chapter 55: Media Portrayals and Representations and 21st Century Communication: A Reference Handbook: Chapter 57: Agenda Setting and Framing, answer the following questions and prompts regarding your..

Briefly research the background of the artist edward weston : Briefly research the background of the artist (the artist's social and cultural life, the artist's influences, etc.) and the work itself. Make sure that when you are referencing the sources of your research you properly quote.

Discuss whether they can change the prize before the contest : To help establish credit, Jose and Maria took out a loan to add a garage onto the house, so Jose could do car repairs at home to earn extra money. When Maria lost her job, they missed their rent payment to Martin who promptly sued to evict them. D..

What is the most commonly injured ligament in the knee : What is the most commonly injured ligament in the knee and prevents the tibia from sliding anteriorly or the femur from moving posteriorly

Determine whether the money can be deposited : Determine whether the money can be deposited so that it is fully insured and earns annual interest of $7500

Describe the supracondylar area of the humerus : A 9 year-old boy was jumping on his trampoline when he fell backward onto a fully extended right upper extremity. Describe the supracondylar area of the humerus

What is the equilibrium price paid by consumers : What is the equilibrium price paid by consumers and the equi- librium quantity after implementation of the tax?

What is stylistic evidence and what is personal style : Based on the readings this week, explain following terms in three to five descriptive sentences each: What is Stylistic Evidence? What is Personal Style? What is Iconography?

What are some arguments against auteurist theory : To what degree do the reviews agree with one another (if at all) regarding the overall worth of the film? What reasons justify each conclusion?

User Account

All Pages