How much did you invest at each rate

Reference no: EM13205158

Suppose you invested $10,000, part 6% annual interest and the rest at 9% annual interest. If you received $684 in interest after one year, how much did you invest at each rate?

Reference no: EM13205158

Questions Cloud

State solution beginning with solid ammonium phosphate : prepare 250.00 mL of 0.150 M ammonium ion solution beginning with solid ammonium phosphate, (NH4)3 PO4.

Why should purchase the extended warranty : Automobile companies often provide a 3-year warranty on new vehicles. Consumers must pay for extended warranties beyond the manufacturer's warranty period. Suppose that a 5-year extended warranty is offered for your new vehicle at a price of $1,31..

What is the least amount of material : What is the least amount of material that can be used to make a soup can with a circular base and closed top with capacity 6 cubic inches?

State the concentration of the final solution : portion of the stock solution and dilute it to a total volume of 0.550L what will be the concentration of the final solution?

How much did you invest at each rate : Suppose you invested $10,000, part 6% annual interest and the rest at 9% annual interest. If you received $684 in interest after one year, how much did you invest at each rate?

How to utilize stay-even analysis : A company currently sells 1,000 units a year at $25 per unit. The marginal cost of each unit is $12. The company is considering lowering the price by 4%. The company believes that this price discount will increase its economic profits.

State the molar mass of a chloromethane : chloromethane gas (CH3Cl) at 20.0 degrees celsius and 0.973 atm pressure. The molar mass of a chloromethane is 50.5 g/mol.

Calculate the current forward exchange rate : Explain rate parity theory and how it is used to predict future exchange rates and calculate the current Forward Exchange Rate for the United Statesand Egypt.

Use the factored version of the formula : Worker efficiency. In a study of worker efficiency at Wong Laboratories it was found that the number of components assembled per hour by the average worker t hours after starting work could be modeled by the formula.

User Account

All Pages