alex invested $50,000 into two accounts. one account paid 2% interest and the other paid 7% interest. he earned 6.2% interest on the total investment. how much did he put into each account

Answers

Answer 1

The amount he put into the first account at 2% interest will be $8,000 and into the second account at 7% interest will be $42,000.

Given that,

Amount invested by Alex = $50,000,

Total interest earned = 6.2%,

Now,

Let,

Amount invested at 2% = x,

So,

Amount invested at 7% = (50,000 - x),

So,

According to the question,

7%(50000 - x) + 2%(x) = 6.2% * 50,000

we get,

0.07(50000 - x) + 0.02(x) = 0.062 * 50,000

3500 - 0.07x + 0.02x = 3100

3500 - 0.05x = 3100

We  get,

0.05x = 3500 - 3100

0.05x = 400

x = 8000,

So,

Amount invested at 2% = $8000,

So,

Amount invested at 7% = (50,000 - 8000) = $42,000,

Hence we can say that the amount he put into the first account at 2% interest will be $8,000 and into the second account at 7% interest will be $42,000.

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Related Questions

Consider the event of a coin being flipped eight times. If that event is repeated 10000 different times. it is expected that the event would result in 8 heads about __times

Answers

If the event of a coin is being flipped eight times. If that event is repeated 10000 different times. it is expected that the event would result in 8 heads about 39.06times

Probability

The probability of flipping heads onetime= 1/2

Hence,

Probability of flipping heads 8  times in a row is:

Probability= (1/2)^8

Probability=0.00390625

Now let determine the expected times

Number of times=0.00390625×10,000

Number of times=39.06 times

Therefore If the event of a coin is being flipped eight times. If that event is repeated 10000 different times. it is expected that the event would result in 8 heads about 39.06 times

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Which property is illustrated by the equation below?
(7 + 6) + 4 = 7 + (6 + 4)
A. Distributive property
B. Identity property
C. Associative property
D. Commutative property

Answers

[tex]\textsf{Hi Brainy User, I'm Here to Help you!}[/tex]

- - - - - - - - - - - - - - - - - - -

[tex]\textsf{The illustrated property is the associative property, which states that you}\\\textsf{can change the grouping of the numbers, but the result will be the same.}\\\textsf{In other words,}\\\textsf{(a+b)+c=a+(b+c)}[/tex]

[tex]\Large\overbrace{\underbrace{\boldsymbol{\rm{Reflection - RoSe}}}}^\star_\star[/tex]

Question 8 of 10 What is the domain of the function graphed below ​

Answers

Answer:

Step-by-step explanation:

Answer:

domain of the given function is i don't know sorry

Step-by-step explanation:

A person at the mall purchased 4 shirts at an average price of $14. How much did the 5th shirt cost if the average after the 5th shirt was purchased changed to $16 per shirt?

GIVING BRAINLIEST AND THANKS

Answers

Answer:  $24

Step-by-step explanation:

14+14+14+14=56

56+24=80

80/5

16

The 5th shirt cost $24 if the average after the 5th shirt was purchased changed to $16 per shirt.

Let's consider the total cost of the first 4 shirts:

Total cost of first 4 shirts = 4 shirts * $14/shirt = $56

Now, let's assume the cost of the 5th shirt is "x" dollars. After purchasing the 5th shirt, the total cost of all 5 shirts would be:

Total cost of all 5 shirts = $56 + x

Given that the average price after the 5th shirt was purchased is $16, we can set up an equation using the average formula:

Average price = Total cost / Number of shirts

$16 = ($56 + x) / 5

Solving for x:

$16 * 5 = $56 + x

$80 = $56 + x

x = $80 - $56

x = $24

So, the cost of the 5th shirt (x) is $24. This means that the person purchased the 5th shirt for $24 in order to bring the average price of all 5 shirts to $16 per shirt.

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Nine more than six times the number x is 7 less than the number x.

Answers

Answer: 9 + 6(x) = 7 - x

Answer:

→ 9 + (6 × x) = 7 - x

Expand and simplify (2x + 5)2

Answers

Answer:             4x +10

Step-by-step explanation:

Distribute the 2 to both terms

2*2x + 2*5

4x + 10

You are comparing two savings accounts based on the interest you would earn and the fees they charge. Assuming you have a savings account with an average balance of $500, which combination of interest rates and fees are a better deal? (Hint: Using a one year period, determine the balance that you would have at Bank A and Bank B).

Answers

Using simple interest, the better deal is given by Bank B.

What is the missing information?

The options are missing, but they are given as follows:

Bank A: An account with 10% annual interest rate and $5/month in fees.Bank B: An account with 2% annual interest rate and no fees.

Simple Interest

Simple interest is used when there is a single compounding per time period.

The amount of money after t years in is modeled by:

A(t) = A(0)(1 + rt)

In which:

A(0) is the initial amount.r is the interest rate, as a decimal.

For Bank A, the balance, without the fee, will be given by:

A(1) = 500(1 + 0.1) = $550.

Removing the fee:

550 - 12 x 5 = $490.

For Bank B, the balance is given by:

A(1) = 500(1 + 0.02) = $510.

No fee, 510 > 490, hence Bank B offers the better deal.

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Choose the definition for the function.
A.
C.
√4x - if x < 0
3
2x + 2
if x ≥ 0
2x - 2
--4
if x ≤ 0
if x > 0
B.
D.
2x + 2
x + 4
x + 4
2x + 2
if x ≤ 0
if x > 0
if x ≤ 0
if x > 0

Answers

Answer:

B

Step-by-step explanation:

we need to look at the y-intercept (the y value when x=0).

we need equating with +2 and +4 at the end.

that eliminates A and C, leaving B and D as potential right answer.

but then we see that the y-intercept "+2" must be in an equation for x <= 0, because that line with +2 intercept only covers negative x.

so, B is correct.

4. Two cities are 400 miles apart. A high-speed train can get from one to the other in two hours.
What is its speed?

Answers

Answer:

200 MPH

Step-by-step explanation:

You basically have to divide 400 miles by two hours, since you need the miles per hour.

*Please mark brainliest answer

Rewrite in simplest terms: 6k - 7(-k - 7)

Answers

Answer:

13k + 49

Step-by-step explanation:

Hello!

Simplify6k - 7(-k - 7)

Distribute -7 to -k and -7

6k -7(-k) - 7(-7)6k + 7k + 49

Combine like terms (6k and 7k)

13k + 49

The simplified form is 13k + 49.

Solve for x. Type the number only.

Answers

The value of angle x in the triangle is 5

How to determine the value of x?

The given parameter is represented by the figure

By the external opposite angle of a triangle theorem, we have the following equation

22x + 3 = 6x + 4 + 79

Collect the like terms

So, we have

22x - 6x = 4 + 79 - 3

Evaluate the like terms

So, we have

16x = 80

Divide both sides by 16

So, we have

x = 5

Hence, the value of angle x in the triangle is 5

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3×+(8×-16) what is the simplified form of this equation

Answers

Answer:

11x - 16

Step-by-step explanation:

3x + (8x-16)

3x + 8x-16

11x - 16

What is the distance between –12 and –7 on a number line?

Answers

The answer is 5 yeahhhhhhhhh

Midtown Antiques collects 2% sales tax on all sales. If total sales including tax are
$1591.62, find the portion that is the tax amount.

Answers

Answer:.05*1493.47 = $74.67 also

Step-by-step explanation:

Determine the most convenient method to graph the following line.

3x+2y=12

Answers

The most convenient method to graph the line is to plot the equation y = -3/2x + 6 to represent the equation 3x + 2y = 12

What are linear equations?

Linear equations are equations that have constant average rates of change.

Note that the constant average rates of change can also be regarded as the slope or the gradient

How to determine the method of plotting the graph?

The equation is given as

3x + 2y = 12

The above equation is a linear equation

All forms of equation can be conveniently plotted by a graphing utility

However, the best way is to start by simplifying the equation

So, we have

3x + 2y = 12

Divide through the equation by 2

So, we have

3/2x + y = 6

Make y the subject of the equation

So, we have

y = -3/2x + 6

This means that  we plot the equation y = -3/2x + 6 to represent the equation 3x + 2y = 12

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a stadium has 20,000 reserved seats and 25,000 general admission seats. if reserved seats are $17.50 and general admission seats are $10.75

Answers

A stadium has 20,000 reserved seats and 25,000 general admission seats. if reserved seats are $17.50 and general admission seats are $10.75. The total money taken is $618750

a stadium has 20,000 reserved seats

cost of reserved seats are $17.50

total cost of reserved seats are 20000 x $17.50

total cost of reserved seats = $350,000

the stadium has 25,000 general admission seats

cost of general admission seats are $10.75

total cost of general admission seats is 25000 x $10.75

total cost of general admission seats = $268,750

total money taken if tickets of all seats are sold is summation of cost of reserved seats and general seats

= $ 350000 + $268750 = $618750

Therefore the total money taken is $618750

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The product of all positive real values of x satisfying the equation [tex] \sf {x}^{(16( log_{5} {x})^{3} - 68 log_{5}x) } = {5}^{ - 16} [/tex] is

Answers

Take the base-5 logarithm on both sides and simplify.

[tex]x^{16 \log^3_5(x) - 68 \log_5(x)} = 5^{-16}[/tex]

[tex]\left(16 \log^3_5(x) - 68 \log_5(x)\right) \log_5(x) = -16[/tex]

[tex]16 \log^4_5(x) - 68 \log^2_5(x) + 16 = 0[/tex]

[tex]4 \log^4_5(x) - 17 \log^2_5(x) + 4 = 0[/tex]

Factorize the left side.

[tex]\left(4 \log^2_5(x) - 1\right) \left(\log^2_5(x) - 4\right) = 0[/tex]

Then

[tex]4 \log^2_5(x) - 1 = 0 \implies \log^2_5(x) = \dfrac14 \\\\ ~~~~~~~~ \implies \log_5(x) = \pm \dfrac12 \\\\ ~~~~~~~~ \implies x = \dfrac1{\sqrt5} \text{ or } x = \sqrt5[/tex]

or

[tex]\log^2_5(x) - 4 = 0 \implies \log^2_5(x) = 4 \\\\ ~~~~~~~~ \implies \log_5(x) = \pm 2 \\\\ ~~~~~~~~ \implies x = \dfrac1{25} \text{ or } x = 25[/tex]

and the product of these solutions is of course 1.

PLS HELP 30 POINTS


The graph represents a quadratic function. Write an equation of the function in standard form.

Answers

Answer: [tex]y=x^2 -4x-2[/tex]

Step-by-step explanation:

The equation in vertex form is [tex]y=a(x-2)^2 -6[/tex]. Substituting in the coordinates (5, 3),

[tex]3=a(5-2)^2 -6\\\\3=9a-6\\\\9=9a\\\\a=1[/tex]

So, the equation is [tex]y=(x-2)^2 -6[/tex]. This expands as follows:

[tex](x-2)^2 -6\\\\=x^2 -4x+4-6\\\\=x^2 -4x-2[/tex]

Answer:

f(x) = [tex]x^{2}[/tex] -4x -2

Step-by-step explanation:

which option could complete the sequence in question 25

25. 27, 3, 24, 7 .......... 11, 18

a. 16

b. 14

c.28

d. 21​

Answers

The right option which completes the sequence is option d.

21.

Given, the series is 27, 3 , 24 , 7,......11, 18

There are 2 series in the given series,

1st series = 27 , 24 , ? , 18

2 nd series = 3 , 7 , 11

In the first series, the next term gets subtracted by 3.

27 - 3 = 24

24 - 3 = 21

21 - 3 = 18

In the second series, the next term gets added by 4.

3 + 4 = 7

7 + 4 = 11

hence the series is completed:

27,3,24,7,21,11,18

Therefore the sequence is completed.

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Latoya got a prepaid debit card with $30 on it. For her first purchase with the card, she bought some bulk ribbon at a craft store. The price of the ribbon was 13-
cents per yard. If after that purchase there was $24.67 left on the card, how many yards of ribbon did Latoya buy?
yards

Answers

Answer:

.8976 per yard

Step-by-step explanation:

30-24.67=5.33

13÷5.33= 2.43 yards

GUYS HELP I HAVE A MATH THING please tell me if the answers are right or what are the answers PLSS LOOK AT THE PIC>>>

Answers

Answer: day 30 480

4+12 =16 (30)

I don’t understand if it's asking in weeks or in days

Will mark brainliest! Which graph represents a function?

Answers

Number 4 would be the right answer

Answer: 1

Step-by-step explanation:

Kylie and her sister started watching an action movie at 10:11 A.M. The movie was 2 hours
and 30 minutes long. After the movie, they played soccer in the backyard for 2 hours and 5
minutes. What time was it when Kylie and her sister finished playing soccer?

Answers

Answer:

2:46 p.m.

Step-by-step explanation:

Answer:

2:46 p.m.

Step-by-step explanation:

Start time: 10:11 a.m.

movie end time: 10:11 a.m. + 2hrs 30 min = 12:41 p.m.

soccer end time: 12:41 p.m. + 2hrs 5 min = 2:46 p.m.

A salesperson’s commission rate is 6%. What is the commission from the sale of $33,000 worth of furnaces? Use pencils and paper. Suppose sales would double. What would be true about the commission? Explain without using any calculations.

Answers

The commission for the sale of $33000 worth of items at 6 percent is $1980 and if the sale doubles than the commission would be $3960

How to solve for the commission

Given that the commission rate is 6%

If the sales done is 33000 dollars then the commission received by the agent would be:

33000 * 0.06 = 1980

Now if the sale doubles we would have 33000 x 2

= 66000 dollars

then the commission received would be

66000 x 0.06

= $3960

Hence we would say that the commission for the sale of $33000 worth of items at 6 percent is $1980 and if the sale doubles than the commission would be $3960

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There are about 1,045,000, people living in City A. There are 2.5 times that number of people living in City B. What is the approximate number for people living in City B?

Answers

The approximate number for people living in City B is 2612500 people

What is the approximate number for people living in City B?

The given parameters are

City A = about 1,045,000, people

City B = 2.5 times that number of people living in City B

Substitute City A = about 1,045,000, people in City B = 2.5 times that number of people living in City B

So, we have

City B = 2.5 times 1,045,000, people

Rewrite as

City B = 2.5 * 1,045,000, people

Evaluate the product

So, we have

City B = 2612500 people

Hence, the approximate number for people living in City B is 2612500 people

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Describe how to transform the graph of f into the graph of g.
f(x)=√x and g(x) = √0.2x

Answers

The  f(x) - k shifts the function g(x) by  √0.8x units downwards

Let us consider

f(x) = g(x) + k

g(x) = f(x) - k

where f(x) = √x and

          g(x) = √0.2x

Substituting these values in the above equation

√0.2x = √x - k

-k = -√x + √0.2x

k = √x - √0.2x

k = √0.8x

which means that the f(x) - k shifts the function g(x) by √0.8x units downwards.

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Solve the function 4|2x+4|−7=17

Answers

Answer:

[tex]x = 1[/tex] or [tex]x = -5[/tex]

Step-by-step explanation:

[tex]4|2x + 4|-7 = 17\\\to4|2x + 4| = 24\\\to |2x + 4| = 6[/tex]

Case 1) 2x + 4 is positive
[tex]2x + 4 = 6\\\to 2x = 2\\\to x = 1[/tex]

Case 2) 2x + 4 is negative

[tex]2x + 4 = -6\\\to 2x = -10\\\to x = -5[/tex]

50 POINTS!!!! PLEASE HELP
Examine this figure.

What postulate or theorem is used to prove∠3≅∠7?
Responses

alternate exterior angle theorem
same-side interior angle theorem
corresponding angle postulate
same-side interior angle theorem

Answers

Corresponding angle postulate

Corresponding angles:

When two parallel lines are intersected by a transversal, the corresponding angles have the same relative position.

Here we need to prove ∠3 ≅ ∠7

From the properties of the two parallel line cut by the transversal line, these angle is corresponding angles.

i.e., ∠3 ≅ ∠7 (by the properties of the corresponding angles)

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What is 62 less than the product 22 and 3?

i need it in number sentence

Answers

Answer:

(22 × 3) - 62

Step-by-step explanation:

(22 × 3)-62

66 - 62

The answer is therefore 4

Is it correct ?
Answer please………..

Answers

Answer:

yes, your answer is correct

Answer:

3 + 7 - (-10)

Step-by-step explanation:

> Option 1)

[tex]3 - 7 + (-10)\\\to 3 - 7 - 10\\\to -14[/tex]

> Option 2)
[tex]3 + 7 - (-10)\\\to 3 + 7 + 10\\\to 20[/tex]

> Option 3)

[tex]3 - 7 - (-10)\\\to 3 - 7 + 10\\\to 6[/tex]

> Option 4)

[tex]3 + 7 + (-10)\\\to 3 + 7 - 10\\\to 0[/tex]

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