Ask
your own question, for FREE!
Mathematics
12 Online
Mardi received an inheritance of $60,000. She invested part at 10% and deposited the rest the remainder in tax-free bonds at 11%. Her total annual income from the investment was $6100. Fine the amount invested at 10%
Still Need Help?
Join the QuestionCove community and study together with friends!
A*10% + B*11%=6100 Where A is the investment and B is the deposit
We know that A + B= 60,000
We want to know what A is right ? So we want to replace the B in the first equation with an A. From the second equation I gave you A + B= 60,000 B= 60,000-A
Replace that with the first and solve for A
A*0.10 + B*0.11=6100
Still Need Help?
Join the QuestionCove community and study together with friends!
thank you. answer is 50,000 :)
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
Bounty:
guys I'm losing all my motivation for school work how can I motivate myself to stop being lazy because even while I'm being on my work it still piles up and
albert14ring:
Can you give me suggestions on the fastest and most organized way to be ready early in the morning to go to school without any confusion or delay? The impor
Twaylor:
how to make good breakfast food ingredients : 1 mother flat bread bananas peanut
lovelove1700:
u00bfA quu00e9 hora es tu clase?Fill in the blanks Activity unlimited attempts left Completa.
glomore600:
find someone says that that one person your talking to doesn't really like you should I take their advice and leave or should I ask the person i'm talking t
Addif9911:
Him I dimmed the light that once felt mine, a glow I never meant to lose. I over-read the shadows, let voices crowd the room where only two hearts shouldu20
EdwinJsHispanic:
Poem to my mom who proved my point "You proved my point, I am a failure. but I kinda wish, you were my savior.
1 hour ago
0 Replies
0 Medals
5 hours ago
8 Replies
0 Medals
7 hours ago
0 Replies
0 Medals
7 hours ago
2 Replies
0 Medals
1 day ago
5 Replies
0 Medals
2 days ago
4 Replies
0 Medals
2 days ago
6 Replies
2 Medals