Last year, Chau invested his money in two purchases. He purchased a certificate of deposit for 1000 that paid 2% interest per year and purchased 3000 in corporate bonds paying 7% interest per year.

Answers

Answer 1

The total interest earned at the end of first year is $250 and the percentage of interest for his total investment is 6.25%.

Given, Chau invested his money by purchasing the following:

a certificate of deposit for $1000 at the rate of 2% per year, and

corporate bonds for $3000 at the rate of 7% per year.

we know that simple interest is calculated by multiplying the amount invested P by the interest rate r times the number of years invested t.

therefore, I = P × r × t

a. The first investment has a principal of P = $1,000, r = 2% = 0.02, t = 1 yr

I₁ = 2000 × 0.04 × 1

I₁ = 40

The second investment has a principal P = $3,000, interest rate r = 7% = 0.07 and time t = 1yr

I₂ = 3000 × 0.07 × 1

I₂ = 210

Therefore, total interest  = I₁ ₊ I₂

= 40 ₊ 210

= $250

b. The overall rate of interest can be found by dividing:

Total interest/Total amount invested × 100

= 250/(1000 ₊ 3000) × 100

= 250/4000 × 100

= 25/4

= 6.25%

Hence we get the total interest earned at the end of first year as $250 and its overall rate of interest as 6.25%

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Your question was incomplete. Please find the missing content here.

Last year, Chau invested his money in two purchases. He purchased a certificate of deposit for $1000 that paid 2% interest per year and purchased $3000 in corporate bonds paying 7% interest per year.

(a) What was the total investment earned at the end of 1 year?

(b) What was the percentage interest for her total investment?


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Step-by-step explanation:

Answer:

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Step-by-step explanation:

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Answer:

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Step-by-step explanation:

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Reject the null hypothesis if the obtained value is more extreme than the critical value.If the value of the test statistic is less extreme than the critical value, then the null hypothesis cannot be rejected.What is null hypothesis?

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A mathematical procedure called addition symbolizes adding objects t to a larger collection. The plus sign ( + ) is used to denote it.

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Answer:

Step-by-step explanation:

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Step-by-step explanation:

Answer:

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Answer: The name of the algebraic expression is polynomial.

Step-by-step explanation: An algebraic expression in mathematics is an expression which is made up of variables and constants, along with algebraic operations .

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similarly;

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Answer:

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Answer:

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Step-by-step explanation:

You can substitute the given values into the expression.

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Step-by-step explanation:

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Answer:

Starting from the left, the points are plotted as:

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Answer:

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Round your answer to the nearest whole number.

Answers

Answer: 239,306 total registered doctors

Step-by-step explanation:

1. Form the ratio of amount of female doctors(41,400) to total amount of doctors(x) and compare it to percent of female doctors in the field(17.3) to total percent of doctors(100).

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2. Cross Multiply the amount of female doctors(41,400) to the total percent of doctors(100) so that it stays equal to the percent of female doctors(17.3) to the amount of doctors(x).

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3. Simplify

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Answers

Answer:

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Step-by-step explanation:

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Answers

Answer:

the answer is 151.2

Step-by-step explanation:

Answer:

151.2

Step-by-step explanation:

20+1+.6

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Answers

Algorithms are the mathematical formulas placed in software that performs an analysis on a dataset.

What is an algorithm?

An algorithm in math is a procedure, a description of a set of steps that can be used to solve a mathematical computation.

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The mathematical formulae are placed in a software for analysis in order to obtain results.For this process, an algorithm is followed, with the help of which, the results are derived and obtained.

Hence, Algorithms are the mathematical formulas placed in software that performs an analysis on a dataset.

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0.(3)= answer please​

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After multiplying 0, 3 times and following the laws of exponents, the value yielded is 0.

What is the law of exponents?

There are varied exponent laws in mathematics. Numerous fine problems that involve repeated addition operations can be answered using all of the exponentiation principles. The principles of exponents make addition and division processes simpler and make it easier to answer issues. The six significant rules of exponents will be covered in this composition along with multitudinous worked-out exemplifications.

When multiplying a number by itself constantly, exponents are employed to illustrate this. For the case, 73 can be used to represent 7 x 7 x 7. The exponent, in this case, is" 3," denoting how numerous times the number 7 has been multiplied. Then, the number that's actually being multiplied is 7, which serves as the base.

Given that,

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0*0*0=3

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What is the value of (2.4)3?

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Answer: 7.2

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Answer:

13.824

Step-by-step explanation:

Raise 2.4 to the power of 3.

*PLS HELP*
Chris buys p pairs of pants and 4 more shirts than pairs of pants. Shirts cost $13 each and pairs of pants
cost $27 each. What does each term in the expression 27p + 13(p+4) represent? What does the entire
expression represent?
The term 27p represents the (select)
The term 13(p+4) represents the (select)
The expression 27p +13(p+4) represents the (select)

Answers

Answer:

The term 27p represents the total cost in dollars of pants

The term 13(p+4) represents the total cost in dollars of shirts

The expression 27p+13(p+4) represents the overall cost in dollars of the shirts and pants Christ buys

Step-by-step explanation:

Disclaimer: if the owner can include the options, I can give a better answer.

We know each pair of pants is $27. Since each pair of pants costs $27, we can say the total cost in dollars of pants is equal to 27*P. For each pair of pants Chris buys, he buys 4 shirts. P+4 is the total number of shirts Chris will buy. The price of these shirts in dollars is $13. So we can assume the total cost in dollars of shirts will be 13(P+4). The total expression is the total amount in dollars Chris spends.

Johnny wants to buy a box of
donuts. The donuts normally cost
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Answers

Answer:

$1.20

Step-by-step explanation:

if the donuts normally cost 12 dollars, but they are on on sale for 10% off, then all you have to do is divide 12 by 10.

12 ÷ 10 = 1.2

since we are working with money, we need to add a 0 at the end to make it 1.20, since you need 100 cents to make a dollar.

another way you could write the equation is,

10% × 12 = 1.2

1.2 = 1.20

hence, the sale price for the donuts is $1.20

Answer: $10.80

Step-by-step explanation:

Hope it helps!

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Answers

Answer:

One solution is 64, 36, and 25

Another method is 25+36+64

Step-by-step explanation:

Can you draw the shape and tell me the correct coordinate points?

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Answer:

P(-3,6), Q(-6,3), R(0,3)

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