Ask
your own question, for FREE!
Mathematics
20 Online
Anna asks her broker to divide her investment of $2000 among three funds, X, Y, and Z. She decides that her investment in X should be twice her investment in Z. During the first quarter, X earned 4.5%, Y earned 2.6%, and Z lost 0.2%. Anna earned $58 on her investment during that period. How many dollars did the broker put into each fund?
Still Need Help?
Join the QuestionCove community and study together with friends!
Let z be the amount he invested in fund Z so there is 2z dollars in fund X and (2000 - 3z) dollars in fund Y. we get the equation 0.045(2z) - 0.002z + (2000 - 3z)0.026 = 58 solve this for z
0. 09z - 0.002z + 52 - 0.078z = 58 can you continue?
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
GRIZZLEY19:
Y'all let me know what y'all think about this beat I made I took me like a hour maybe rate it 0/10 https://drive.
Ultrilliam:
Welcome to the 10th Anniversary Update! (Part 2) Sorry this one passed the date a
Twaylor:
was walking downtown and my adhd brain wanted to make some (rock?) lyrics: There'
AndreW2002:
There is an error when sending GIFs, is this known or is this a level requirement
serenitystXrgazer:
Getting sent to anti gay christian covestion camp in a few weeks, any tips. guys i think im cooked.
Aubree:
Guys, what does love feel like? I've been getting a tight chest and when I talk to him my heart rate hangs out around 100-120 beats per min, and when he doe
thereneelg:
ok... anyone have advice?? ...I did Choir all throughout Middle school and have ALWAYS been put in Soprano those three years.
kamariana:
The Byzantine Procopius is known for (5 points) reconquering much of the old Roma
chuckD:
hellp!!! what does it mean to describe a scientist as skeptical Why is sceptical
DoltonCarlee:
So like do y'all know anything about the first world war?
9 hours ago
0 Replies
0 Medals
10 hours ago
12 Replies
4 Medals
12 hours ago
2 Replies
0 Medals
21 hours ago
10 Replies
0 Medals
23 minutes ago
6 Replies
1 Medal
1 day ago
10 Replies
2 Medals
3 days ago
6 Replies
1 Medal
4 days ago
0 Replies
0 Medals
4 days ago
2 Replies
1 Medal
3 days ago
2 Replies
0 Medals