A mother wants to invest ​$11,000.00 for her​ son's future education. She invests a portion of the money in a bank certificate of deposit​ (CD account) which earns​ 4% and the remainder in a savings bond that earns​ 7%. If the total interest earned after one year is $ 660.00, how much money was invested in the CD​ account?

Answers

Answer 1
First let's set the formula
0.04x+0.07 (11000-x)=660
Solve for x
0.04x+770-0.07x=660
0.04x-0.07x=660-770
-0.03x=-110
X=110÷0.03
X=3,666.67 round this answer
X=3667 invested in the CD account at 4%

The remainder is invested in the saving bond the earns 7% which is
11,000−3,667=7,333

Hope it helps!
Answer 2
Final answer:

The mother invested $5000 in the CD account and the remaining $6000 in a savings bond. This solution was arrived at by setting up a system of two equations, which we solved simultaneously.

Explanation:

Let's denote the amount of money invested in the CD account as x and the amount in the savings bond as y. The total amount of money is $11000, so we can set up the first equation as: x + y = 11000.

Then, the mother earns interest from both accounts. The CD account earns 4%, that's 0.04x while the savings bond earns 7%, that's 0.07y. The total interest is stated to be $660, so we can have the second equation as: 0.04x + 0.07y = 660.

From the first equation, we can solve for y: y = 11000 - x and substitute it into the second equation which gives us: 0.04x + 0.07(11000 - x) = 660.

Solving for x, you should get approximately $5000. This means a balance of $6000 was invested in the bond (11000 - 5000). Therefore, the mother invested $5000 in the CD account.

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Related Questions

A factory produces widgets at a constant rate.After 4 hours,3,120 widgets have been produced.At what rate are the widgets being produced ?

Answers

780 a hour
4 devided by 3120=780

Answer:

1-xy

Step-by-step explanation:

A factory produces widgets at a constant rate.After 4 hours,3,120 widgets have been produced.At what rate are the widgets being produced ?

the number 509 is a prime number what is the next largest prime

Answers

The answer would be 521
The next big prime number is 521

A pet store has 9 puppies and 48 kittens.
What is the ratio of kittens to puppies?

Answers

The ratio of kittens to puppies is 16:3.

To find the ratio of kittens to puppies, you divide the number of kittens by the number of puppies.

Ratio of kittens to puppies = Number of kittens / Number of puppies

Given:

Number of kittens = 48

Number of puppies = 9

So, the ratio of kittens to puppies is:

Ratio = 48 / 9

Simplifying:

Ratio = 16 / 3

Water is leaking from a tank. After t minutes, the volume of the water in the tank is 16(200-9t) milliliters. What is the volume of water left in the tank after 18 minuets?

Answers

The water left in the tank after t minutes is modelled by the formula 16 ( 200 - 9t) ml

When t = 18
          The amount of water left = 16 [ 200 - 9(18) ] ml
                                                   
                                                    = (16 × 38) ml                                                    
                                       
                                                    = 608 ml

Which figures are polygons?

Figure A has 6 sides all made of line segments. figure b is a regular hexagon. it has 6 sides made all of segments. Figure c is shaped iike a long semicircle. the bottom is a segment. The top part is curved. Figure D has 7 sides which are all segments.

Select each correct answer.

Figure A

Figure B

Figure C

Figure D

Answers

im pretty sure the answer would be A, B & D
the answer is A, B, and D

Which is bigger 5.4 or 5.400

Answers

They are equivalent

neither no matter the amount of zeros the amount is the same

Justin and Tyson are beginning an exercise program to train for football season. Justin weighs 150 lb and hopes to gain 2 lb per week. Tyson weighs 195 lb and hopes to lose 1 lb per week.

A. if the plan works, in how many weeks will the boys weigh the same amount?
B. what will that weight be?

Answers

180 pounds is the answer to your question.

Hope this helps :)

The number of weeks will the boys weigh the same amount is 15 weeks and the weight is 180 lb.

Given,

Justin and Tyson are beginning an exercise program to train for football season.

Justin weighs 150 lb and hopes to gain 2 lb per week.

Tyson weighs 195 lb and hopes to lose 1 lb per week.

We need to find in how many weeks will the boys weigh the same amount If the plan works and the weight be.

How to compare two quantities?

If 3 miles = 2 hours

For 4 miles the number of hours is:

3 miles = 2 hours

4/3 x 3 miles = 4/3 x 2 hours

4 miles = 8/3 hours

We have,

Justin:

Justin weighs 150 lb and hopes to gain 2 lb per week.

Let the number of weeks be W.

We can write the weight of Justin after W weeks as:

150  + 2W _____(1)

Tyson :

Tyson weighs 195 lb and hopes to lose 1 lb per week.

Let the number of weeks be W.

We can write the weight of Tyson after W weeks as:

195 - 1W _____(2)

Now,

The number of weeks both weighs the same:

From (1) and (2)

150 +2W = 195 - 1W

2W + 1W = 195 - 150

3W = 45

W = 45/3

W = 15

We can see that,

From (1) and (2)

150  + 2W = 150 + 2 x 15 = 150 + 30 = 180

195 - 1W = 195 - 1 x 15 = 195 - 15 = 180

Thus the number of weeks will the boys weigh the same amount is 15 weeks and the weight is 180 lb.

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A container holds 70,000 ounces of water. There is a small leak in the container. Every 96 minutes 0.2 ounces of water leak out. Represent the total change in the amount of water in the container after 8 hours.

Answers

I hope this solves your problems. I’m only in 6th grade, but I hope this helps!

-Carson

If [tex] \frac{1}{10}m[/tex]=[tex] \frac{1}{11}m[/tex]+[tex] \frac{1}{1100}[/tex], than what is the value of m

Answers

Hello,
1/10m=1/11m+1/1100;
110m/1100=100m+1/1100;
1100×110m/1100=100m+1/1100×1100;
110m=100m+1;
110m-100m=1;
10m=1;
m=1/10

Bye :-)

Chalene wants to cut her hair but is a little nervous. She decides to cut it off slowly so she can get used to it as it gets shorter. Right now, her is is 11.5 inches past her shoulders. She decides to cut an inch and a half off her hair every week. Write an expression to describe the length of her hair in relationship to her shoulders.

Answers

11.5x
im actually not 100% sure myself, i have the same homework question
11.5-1.5v you can use any letter though, not just v.

what is 0.42 as a fraction in simplest form?

Answers

0.42 as a fraction in simplest form is 21 / 50 .

To express 0.42 as a fraction in simplest form, we need to convert the decimal to a fraction .

The decimal 0.42 can be written as 42/100 .

To simplify this fraction, we can divide both the numerator and the denominator by their greatest common divisor (GCD), which is 2 .

42 ÷ 2 = 21

100 ÷ 2 = 50

42 / 100 = 21 / 50

The simplified fraction is 21 / 50 .

Therefore, 0.42 as a fraction in simplest form is 21 / 50 .

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To express 0.42 as a fraction in simplest form, divide 42 by 100 and simplify the fraction by finding the greatest common factor.

To express 0.42 as a fraction in simplest form, you can write it as 42/100 and then simplify it by dividing both the numerator and the denominator by the greatest common factor, which is 2. Dividing both 42 and 100 by 2 gives you 21/50, which is the simplest form of 0.42 as a fraction.

Can someone help me & my 7th grader w problem?

Answers

15/8 = 75/40
2/5 = 16/40
7/8 = 35/40

75/40 + 16/40 - 35/40= 
40/40 + 16/40 = 56/40

your answer is 1 16/40

simplest form: 1 2/5


hope this helps

Find the area of this figure. Please show work if you can!

Answers

Here is the answer if you can't read my writing than just ask. also if you have any questions about how I got something feel free to ask

Which of the following would be equivalent to 11 to the 8th power over 11 to the 3rd power?

A)11 to the 7th power over 11 to the 7th power
B)11 ⋅ 114
C)11 to the 0 power over 11 to the 5th power
D)110

Answers

none of the above. 11^8/11^3 is 11^5 since you will just subtract exponents. The numerical value is 161051
although you should have an option that either is 11^5 or equals 11^5 like 11^15/11^10 for example
Answer:

Option: B is the correct answer.

                          [tex]B)\ 11\cdot 11^4[/tex]

Step-by-step explanation:

We are given a numerical expression as:

    11 to the 8th power over 11 to the 3rd power.

i.e. mathematically it is given by:

[tex]\dfrac{11^8}{11^3}[/tex]

Now, we know that if the numerator and the denominator terms are power terms such that both the terms are of same base then the resultant is the same base and the exponent of the base is: exponent of numerator minus exponent of denominator.

i.e.

[tex]\dfrac{a^m}{a^n}=a^{m-n}[/tex]

Here we have:

[tex]a=11,\ m=8\ and\ n=3[/tex]

Hence, we get:

[tex]\dfrac{11^8}{11^3}=11^{8-3}[/tex]

i.e.

[tex]\dfrac{11^8}{11^3}=11^5[/tex]

Now, this could also be written as:

[tex]\dfrac{11^8}{11^3}=11\cdot 11^4[/tex]

( since,

[tex]a^m\cdot a^n=a^{m+n}\\\\i.e.\\\\11^1\cdot 11^4=11^{4+1}=11^5[/tex] )

             

How many students in all scored 100 or 95

Answers

for 100 its 20 and for 95 its 12

whole star = 4 students

100% = 5 stars x 4students = 20 students
95% = 3 stars x 4 students = 12

20 + 12 = 32 students scored between 95 and 100%









What is the value of 4 in the number 546 210

Answers

The Value of 4 in 546,210 is in the ten thousands place
The value of 4 in 546.210 is in the tens place

(it depends on what is suppose to be in the space)

hope this helps

As an unenrolled tax preparer, Daryl is subject to:

Answers

I think there are missing details in this question. I'll just discuss what an unenrolled tax preparer is.

Unenrolled Tax Preparers are individuals who possess the minimum qualifications required to prepare federal taxes and are granted a Preparer Tax Identification Number (PTIN) but are not Certified Public Accountants (CPA), lawyers, or enrolled agents.

They are only limited to filing only certain types of tax returns and can only represent their client on the basic audit level before the IRS. 

In order for an unenrolled tax preparer to become an enrolled agent, he or she must do the following:
1) Pass a three-part examination before the IRS 
2) Undergo compliance check on their tax history
3) Complete 16 hours of continuing education every year to retain their status. 

The correct answer is:

The Rules of Practice under Circular 230.

Explanation:

An unenrolled return preparer is someone that is not an attorney, CPA, enrolled agent, enrolled retirement plan agent, or enrolled actuary, who prepares and signs a person's tax return as the paid preparer. They may also be someone who prepares a return but is not required to sign the return.

According to the IRS, unenrolled return preparers must comply with the rules of practice and conduct in order to exercise limited practice before the IRS.

There are two specific sets of rules that apply in Circular 230:

Duties and restrictions relating to practice (Subpart B of Cir. 230), and conduct considered to exhibit incompetence or disrepute (Subpart C, Section 10.51 of Cir. 230).

Explain how you would find the sign of the quotient 32 divided by -2 divided by -16÷4

Answers

This may not be the best explanation but hopefully at the very least it'll guide you!
When you multiply or divide a negative by another negative, you get a positive. When it is a negative and a positive, it remains negative.
Assuming your question simplified into a equation (or number form? Been a while, haha!) is 32÷-2÷(-16÷4), it would end as a positive. Because you first divide the positive 32 by a negative 2, you get a negative. Because -16÷4 is in parenthesis, it is done because following the rest of the equation (P.E.M.D.A.S.!), it would be 32÷-2÷-4. Going from left to right, as you should, it results in a negative being divided by another negative, so you get a positive. 32÷-2÷(-16÷4) = 32÷-2÷-4 = -16÷-4 = 2!

You earn $10.00 per hour babysitting. Your total earnings depend on the number of hours you spend babysitting.

Answers

Final answer:

Susan's total income remains $16,000 regardless of the number of hours she works, up to the point where her earnings from work alone would exceed her government benefits. This design of the assistance program potentially reduces her incentive to work more hours. Opportunity costs must also be factored in, which can further influence her decisions.

Explanation:

Creating Susan's Income Table

Susan has the option to work up to 1,800 hours a year at $8 per hour. If Susan does not earn any income, she is entitled to $16,000 in government benefits. However, for every dollar she earns, her government support reduces by the same amount. To understand Susan's situation better, we can create a table showing various scenarios.

Let's assume Susan decides to work 500 hours in a year:

If Susan works more, her earnings increase but her benefits decrease, keeping her total income stagnant at $16,000, until she surpasses the threshold of $16,000 in earnings. This suggests the assistance program may limit her incentive to work more hours as the additional work does not increase her total income. Moreover, Susan must consider opportunity costs, such as childcare expenses, that might further reduce her incentive to work additional hours.

The Impact of Government Assistance on Work Incentives

Opportunity costs play a crucial role in Susan's decision-making. If the costs of working (like paying for childcare) exceed the benefits of working additional hours, she might opt to work less or not at all. Therefore, assistance programs can impact individual's work choices by affecting the marginal benefit of working additional hours.

Kim multiplied 8 by 0.952 and got 76.16 how can you estimate to show that Kim's answer is incorrect

Answers

Kim multiplied 8 by 0.952 and got 76.16 which is the wrong answer, the correct answer is 7.616. His mistake is about decimal point.
he is multiplying a number with a decimal number and decimal number have first digit less than 1 that is zero. In decimal number point is after zero so when you multiply that number with 8 the answer should have decimal point after first digit.

When I add two to my number and then multiply it by five, I get thirty. What is my number?

Answers

30/5= 6
6 - 2 = 4
Your number is four
Is ur number 20 I think that it is

How many 1000s are in 1,000,000

Answers

1000000 / 1000 = 1000

 there are 1000, 1000's in 1000000

1000. 1000 times 1000 is 1000000

Suppose you have developed a scale that indicates the brightness of sunlight each category in the table is five times brighter than the category above it for example a day that is dazzling is five times brighter than a day that is radian how many times brighter is a dazzling day then a dim day

Dim=2
Illuminated=3
Radiant=4
Dazzling=5

Answers

Use x= 1 as a reference for the dazzling level of Dim.
That is,
Dim = x
Illuminated = 5x
Radiant = 5(5x) = 25x
Dazzling = 5(25x) = 125x

Answer:  Dazzling is 125 times brighter than Dim.

Answer:

Basicly all you do is Multiply Dazzling 4 times by 5, so 5*5*5*5 and your answer is 125.

EXAMPLE ;

IF it was 2 times brighter you would count the catagories. There are 4. So you would do 2*2*2*2 and you answer is 16.

The longest side of an isosceles obtuse triangle measures 20 centimeters. The other two side lengths are congruent but unknown.

What is the greatest possible whole-number value of the congruent side lengths?

A.9 cm
B.10 cm
C.14 cm
D.15 cm

Answers

B.10 cm hopes this helps

Answer:

C. 14 cm

Step-by-step explanation:

According to the Triangle Inequality Theorem, the sum of any two sides of a triangle must be greater than the measure of the third side.

Given,

The longest side of an isosceles obtuse triangle measures 20 centimeters.

Let x be the measure of the other two congruent sides,

By the above property,

20 < x + x

20 < 2x

10 < x

Thus, the measure of congruent sides must be greater than 10 cm,

Now, In an isosceles obtuse triangle, the square of the longest side is greater than the sum of squares of the other two congruent sides.

[tex](20)^2>x^2+x^2[/tex]

[tex]400>2x^2[/tex]

[tex]200>x^2[/tex]

[tex]10\sqrt{2}>x[/tex]

Since, √2 = 1.41421356≈ 1.41

[tex]\implies x < 10\times 1.41\implies x < 14.1[/tex]

Hence, the greatest possible whole-number value of the congruent side lengths is 14.

Option C is correct.

A recipe for one batch of pretzels calls for 1/4 cup of salt and 2/3 cup of sugar. If Mrs.Valdez uses 7/8 cup of salt and 2 1/3 cups of sugar how many batches of pretzels is she making?

Answers

the amount of batches are 3.5 .

Susie drew the line of best fit on the scatter plot shown

What is the approximate equation of this line of best fit in slope-intercept form?

A. Y=6/5x+3
B. Y=3x+6/5
C. Y=5/6x+3
D. Y=3x+5/6

Answers

(0,3) and (10, 15)
slope = (15-3)/(10-0) = 12/10 = 6/5
b = 3

so equation
y = 6/5x + 3

answer

A. Y=6/5x+3

What is 10 percent higher than 39

Answers

5.4% could be higher than 39

What is the answer to 3/8r=15/16

Answers

Divide each side by 3/8 because it’s the # with the variable which is
R= 120/48 or 2.5

11.4÷35.7

estimate each quotient

Answers

About 0.3 for an estimate

I need help plz thank u

Answers

The rangee is answer choice d
i think it's b because range is the highest minus the lowest pretty sure
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