erikagg98p82bpo
erikagg98p82bpo erikagg98p82bpo
  • 01-05-2018
  • Mathematics
contestada

A combined total of $49,000 is invested in two bonds that pay 2% and 6.5%simple interest. The annual interest is $2,5100. How much is invested in each bond?

Respuesta :

choixongdong
choixongdong choixongdong
  • 01-05-2018
let x is the bond pay 2% and y is the pay 6.5%
x + y = 49,000 so x = 49,000 - y
0.02x + 0.065y = 2,510
substitute x = 49,000 - y into 0.02x + 0.065y = 2,510

0.02x + 0.065y = 2,510
0.02(49,000 - y) + 0.065y = 2,510
980 - 0.02y + 0.065y = 2,510
0.045y = 1,530
         y = 34,000
         x = 49,000 - y = 49,000 - 34,000 = 15,000

answer
invested $34,000 in the bond that pays 6.5% rate and $15,000 in bond that pays 2% rate

Answer Link

Otras preguntas

ANSWER PLZ QUICK AND FAST
How to find the side of a square if you have the area.
In Euclidean geometric terms, which of the below would be the best description of any ANGLE? A. two intersecting lines. B.Two lines that never intersect. C.Tw
How many pounds of cigarette butts are littered worldwide every year?
A used bookstore sells paperback fiction books in excellent condition for $2.50 and in fair condition for $0.50. Write an expression for the cost of buying x ex
Public law 92 313 and how to get a check and is it true
Please help me with this. If 210 children and 45 adults are going on a field trip, how many buses do they need? Each bus a seat 50 people. How many empty seats
john lewis what did he study? what are his beliefs? who influenced his throughs and beliefs?
can someone help me with a paragraph about how to balance going to school and working all day.
Before using a pick check to be sure that the head is