Find the amount he invests at each rate

Reference no: EM13187594

a man has $34,000 to invest. he invests some at 5% and some at 4%. his total annual interest income is %1,545. find the amount he invests at each rate.

Reference no: EM13187594

Questions Cloud

Determine the own advertising elasticity of demand : Suppose the demand function for a firm's product is given by In Qdx=3-0.5 In Px-2.5 In Py In M 2 In A Where Px= $10, Py= $4, M= $20,000, A= $250 A. Determine the own price elasticity of demand, and state whether demand is elastic, inelastic, or unita..

What was the value of his ira at the end of 7 years : What was the value of his IRA at the end of 7 years?

Saturated liquid while the pressure is maintained constant : Five kg of water initially a saturated vapor at 100kPa are cooled to saturated liquid while the pressure is maintained constant. Sketch the process on a p-v diagram

Is demand elastic or inelastic at the price : The demand curve for a product is given by Qdx= 1,000-2px .02Pz, where Pz= $400 a. What is the own price elasticity of demand when Px= $154? Is demand elastic or inelastic at this price What would happen to the firm's revenue if it decided to chan..

Find the amount he invests at each rate : a man has $34,000 to invest. he invests some at 5% and some at 4%. his total annual interest income is %1,545. find the amount he invests at each rate.

Incubate and crystallize it in the presence of the substrate : Unfold the enzyme with urea and 2-mercaptoethanol. Then incubate and crystallize it in the presence of the substrate followed by X-ray crystallography.

What other real-world factors might be important to consider : What other real-world factors might be important to consider in designing the simulation and making a recommendation?

Describe briefly a market in an important product : Describe briefly a market in an important product, resource or service in which demand and supply is not mediated through price mechanism. What alternative mechanism is used to allocate the scarce resource or product in this market [Hint, one such..

State the heat capactity of the solution : solid sodium hydroxide is dissolved in 127.3 g of water at 22.0 C in a perfect calorimeter. Assuming the heat capactity of the solution is the same as water, what is the final temperature of the solution?

User Account

All Pages