Bonnie invested $8,000 in two accounts paying 5% and 6% annual interest. Her money earned a total of $445 in interest in one year. How much was invested in each account?

Answers

Answer 1

Answer:

6% = 4500

5% = 3500

Explanation:

wo equations can be derived from the question

x + y = $8,000 equation 1

0.05x + 0.06y = $445. equation 2

x = amount invested in 5%  

y =  amount invested in 6%  

multiply equation 1 by 0.05

0.05x + 0.05y = 400 equation 3

subtract equation 3 from 2

0.01y = 45

y = $4500

substitute for y in equation 1

8500 - 4500 = 3500


Related Questions

Which is an organizational unit that is useful for collecting and aggregating similar data on separate forms?
Subforms
Subreports
Tab pages
Keyboard shortcuts
Save and Exit

Answers

Answer:

a.subforms

Explanation:

Seatbelts in a vehicle are in compliance with what basic right covered by the
Consumer Bill of Rights?
A. The right to be heard
B. The right to be informed
C. The right to choose
D. The right to safety

Answers

Answer:

D: The right to safety.

Explanation:

The right to safety is covered by the Consumer Bill of Rights, which is why seatbelts in a vehicle are required to ensure the safety of passengers. Therefore, option D is correct.

What are the Consumer Bill of Rights?

The Consumer Bill of Rights is a set of four fundamental rights that consumers are entitled to when purchasing goods or services. These rights include:

The right to safety - Consumers have the right to expect that products and services are safe to use and that potential hazards are minimized or eliminated.

The right to be informed - Consumers have the right to accurate and complete information about products and services, including ingredients, performance, and risks.

The right to choose - Consumers have the right to choose from a range of products and services at competitive prices.

The right to be heard - Consumers have the right to have their voices heard and to receive prompt and appropriate response to complaints.

The Consumer Bill of Rights was originally outlined by President John F. Kennedy in a speech to Congress in 1962, and has since been adopted by various organizations and governments around the world.

Learn more about Consumer Bill of Rights here:

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What kind of a credit card can customers with a bad credit history get?
A. One that has a low cash advance fee
B. One with a low annual percentage rate
C. One that's secured by collateral
D. One with no annual fee

Answers

Answer:

it’s c

Explanation:

just took the test

Increases in equity of a particular business enterprise resulting from transfers to it from other entities or individuals of something of value to obtain or increase ownership interests in it are called

Answers

Answer:

Called shareholders' equity or stockholders equity for a corporation

Explanation:

.......

economics! please HELP
What do you think Adam Smith would think of the capitalist societies today? (regarding his "invisible hand" philosophy)

Answers

Answer:

Personally, I think that Adam Smith would criticize the capitalist systems of today, as these countries spend an enormous amount of resources on political and economic measures of social assistance (such as public health or subsidies for certain expenses). These expenditures in general, and especially the enormous amount of resources allocated to social welfare, are contrary to the theory of the invisible hand, by which markets and their mechanisms of competition are by themselves the only ones that benefit the population.

Need help ASAP! Will give brainliest;) NO LINKS please, WILL REPORT.

Which of the following is NOT a component of a promotional plan?

A). Timeline

B). Goals

C). Samples

D). Budget

Answers

The correct answer is D

Each year, White Mountain Enterprises (WME) prepares a reconciliation schedule that compares its income statement with its statement of cash flows on both the direct and indirect method bases.

In its 2018 income statement, WME reported $11,000 of interest expense on its outstanding bonds. During the year, WME paid its regular installments of $9,000 of interest in cash. In its reconciliation schedule, WME should:
A. Show a $2,000 positive adjustment to net income under the indirect method for the decrease in bond premium.
B. Show a $2,000 negative adjustment to net income under the indirect method for the decrease in bond premium.
C. Show a $2,000 positive adjustment to net income under the indirect method for the decrease in bond discount.
D. Show a $2,000 negative adjustment to net income under the indirect method for the decrease in bond discount.

Answers

Answer:

C. Show a $2,000 positive adjustment to net income under the indirect method for the decrease in bond discount.

Explanation:

According to the scenario, computation of the given data are as follows,

Reported interest expense = $11,000

Interest expense paid = $9,000

So, Adjustment in net income = $11,000 - $9,000

= $2,000 (positive)

Here, The bond is issued at decreased discount when the interest cost exceeds the cash paid for interest expense and the effective interest rate exceeds the stated interest rate.

Hence, option C is the correct answer.

________ is the impact of currency exchange rate changes on the reported financial statements of a company. Group of answer choices Economic exposure Financial exposure Translation exposure Transaction exposure

Answers

Answer:

Im fairly sure the answer is Economic Exposure

SAFTEY OR HARD WORK?
Paternalistic leaders want to provide their workers with a sense of

Answers

The Answer is gonna be Hard work

This is the right Answer :3

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Select the correct answer.
What is the purpose of a 1098 tax form?
ОА.
to report interest income from bank accounts
OB.
to report dividends or capital gains from stock investments
Ос. .
to report federal income taxes withheld by an employer
OD.
to claim qualified expenses such as deductions or credits
O E.
to correct mistakes on an already filed tax return
Reset
Next

Answers

Answer:

D.  to claim qualified expenses such as deductions or credits

Explanation:

To find - What is the purpose of a 1098 tax form?

Solution -

The correct option is - D.  to claim qualified expenses such as deductions or credits

Reason -

Form 1098 T tuition statement is an american IRS tax form filed bu eligible educational institutions(or those filing on the institutional's behalf)

To report payments received and payments due from the paying students.

The institution has to report a form for every student that is currently enrolled and paying qualifying tuition and related expense.

explain cross elasticity of demand for unrelated goods​

Answers

Answer:

The cross elasticity of demand for substitute goods is always positive because the demand for one good increases when the price for the substitute good increases. ... Items with a coefficient of 0 are unrelated items and are goods independent of each other.

Based on the information provided for each vehicle and the needs and wants of the individuals in the customer profile, recommend the vehicle that will sell the most

Answers

Answer:

Vehicle no 2

Explanation:

Vehicle no 2 is most likely to be more preferred by customer because it has longest warranty period of 10 years unlike other vehicles. Vehicle has another feature of security which other vehicles lapse. It is more spacious as it has capacity for cargo as well. People can go on long drives and picnic with ease using this vehicle.

Martin Company currently produces and sells 35,000 units of product at a selling price of $13. The product has variable costs of $7 per unit and fixed costs of $45,000. The company currently earns a total contribution margin of:

Answers

Answer:

The company currently earns a total contribution margin of $ 20

When the price of petroleum goes up, the demand for natural gas ______, the demand for coal ______, and the demand for solar power ______. (Assume these goods are substitutes for petroleum.)

Answers

Answer:

increases; increases; increases

TRUE OR FALSE
A paternalistic leader requires loyalty from their employees.

Answers

Answer:

Yes

Explanation:

Southern Printing Corp. produces high-end booklets for university graduations listing all the participating students at a given university. What inventory model would Southern use to optimize the amount of booklet inventory produced for each graduation

Answers

Answer:

Single period

Explanation:

In the case when the corporation wants to generate the high end booklets for the graduations that listed for the students who participated so here we use the single period inventory model for optimizing the booklet amount of an inventory that generated for each graduation as it is same to be considered and relevant

Select the type of job best demonstrated in each example.
Linda works 15 hours a week as a member of her city council.
Rafael is a Municipal Clerk who has a retirement plan provided by his employer, the municipal government.
The number of hours that Amber works as an Air Crew Officer varies each week, but she is paid the same amount
each week no matter what

Answers

Answer:

Part-time job

Job with benefits

Salaried job

Explanation:

I just took on edge

Answer:

The Person above me is correct

Part time job

Job With Benefits

Salaried Job

Explanation:

Why is it important for the government to achieve these five objectives?
Full Employment
Price stability
Sustainable Economic growth
Redistribution of income
Balance of payment stability

Pls give a reasonable answer :)

Answers

Answer: Equality

Without proper guidelines in place one would outweigh the other cause an imbalance. If the government didn't keep those equal there wouldn't be enough stability and nobody would be able to live fairly.

13. A rate quote for an individual Line haul. Copy
Load quote
Spot quote
Freight quote
Carrier quote

Answers

Answer:

Spot quote

Explanation:

Intermodal transport can be defined as the transportation of goods in one and the same truck or loading medium without handling the goods themselves in a different transport modes.

A shipping container refers to a metal container made from steel and having the ability or strength to withstand all external factors during shipment or storage of materials. It is an essential part of transportation of goods or materials from one location to another, thereby boosting trade between countries.

The various types of shipping containers are, dry storage container, open-side storage container, ISO Reefer container, flat rack container, tunnel container, open top container, double doors container, thermal containers, intermodal freight container etc.

Basically, the two standard sizes of shipping containers are 20ft (6.06m) and 40ft (12.2m): which has a width of 8ft (2.43m) and height of 8.5ft (2.59m).

A spot quote for a freight refers to a rate quote for each individual Line haul. Thus, this rate is usually calculated using current market parameters without a contract.

This ultimately implies that, the spot rate is generally outside the contracted rates and is typically required to be sent immediately.

The principal advantage of purchasing a variable rate municipal note is the fact that the: A interest rate can be expected to remain fairly stable B market value can be expected to remain fairly stable C marketability risk can be expected to be lower D credit risk can be expected to be lower Review

Answers

Answer:

B market value can be expected to remain fairly stable

Explanation:

Given that variable-rate municipal note is a long-term municipal bond that in which investors are offered to possess or buy using the money market funds.

For investors, there are a lot of advantages in purchasing variable rate municipal notes, some of which are:

1. market value can be expected to remain fairly stable

2. It is not taxable from federal tax

3. It has a low correlation with stocks and bonds

4. It has credit enhancement to mitigate the risk

Hence, the correct answer is that "market value can be expected to remain fairly stable"

why should a company have a code of ethics

Answers

A code of ethics distinguishes you from the bad companies

Most states impose limitations on the authority of the legislature to borrow money, with their objectives being to protect taxpayers and the credit of the state government.
A. to borrow money, with their objectives being to protect.
B. to borrow money, the objectives of which are the protecting of
C. to borrow money, limitations intended to protect.
D. for borrowing money, of which the objective is protecting.
E. for borrowing money, limitations with the intent of protecting.

Answers

Answer:

C).  to borrow money, limitations intended to protect.

Explanation:

As per the question, the correct statement to replace the underlined phrase would be 'to borrow...to protect' as it is grammatically appropriate and lexically coherent. The first option is incorrect due to the wrong usage of 'being' which disrupts the flow and meaning of the sentence while the second option inaptly employs '-ing' form of the verb('protecting') after the article 'the.'   Options 'D' and 'E' are the wrong due to grammatical errors like unnecessary usage of 'of which' and 'for borrowing.' Thus, option C is the correct answer.

Codes I + Investing activity; cash inflow I - Investing activity; cash outflow F + Financing activity; cash inflow F - Financing activity; cash outflow O + Operating activity; cash inflow O - Operating activity; cash outflow NC Noncash investing and financing activity Events or Transactions (10 points) _____ 16. Paid the weekly payroll _____ 17. Paid an account payable _____ 18. Issued bonds payable for cash _____ 19. Declared and paid a cash dividend _____ 20. Paid cash for a new piece of equipment _____ 21. Purchased treasury stock for cash _____ 22. Paid cash for stock in another company _____ 23. Received interest on a long-term bond investment _____ 24. Received cash for sales _____ 25. Sold a long-term stock investment for cash at book value

Answers

Answer:

Operating cashflow has to do with the everyday running of the business which includes sales, and receiving revenue.

Financing cashflow has to do with capital which includes equity and long term debt.

Investing has to do with fixed assets and other company securities (purchase and sale therefore).

If cash is coming in, it is an inflow and if it is going out, it is an outflow.

16. Paid the weekly payroll ⇒ Operating activity; cash outflow.

17. Paid an account payable ⇒ Operating activity; cash outflow.

18. Issued bonds payable for cash ⇒ Financing activity; cash inflow

19. Declared and paid a cash dividend  ⇒ Financing activity; cash outflow

20. Paid cash for a new piece of equipment ⇒  Investing activity; cash outflow.

21. Purchased treasury stock for cash ⇒ Financing activity; cash outflow

22. Paid cash for stock in another company ⇒ Investing activity; cash outflow.

23. Received interest on a long-term bond investment ⇒ Operating activity; cash outflow.

24. Received cash for sales ⇒ Operating activity; cash outflow.

25. Sold a long-term stock investment for cash at book value ⇒  Investing activity; cash inflow.

TRUE OR FALSE
Some employees enjoy working for an autocratic leader because they welcome the structured environment.

Answers

Answer:

The Answer is gonna be True

This is the right Answer :3

I hope you are having a great day ❤️❤️❤️

Answer:

true

Explanation:

promise its true

HOPE IT HELPS

Generally, it is a sound business practice to take advantage of cash discounts. the money saved by paying invoices promptly is free to be used elsewhere. conversely, there is an implicit (opportunity) cost of foregoing a cash discount. by forgoing a cash discount, the small business owner is, in effect, paying an annual interest rate to retain the use of the discounted amount for the remainder of the credit period.
For example, assume that Jill anticipates she will receive invoices for $500 from the vendors offering cash discounts of 3/10, net 45.

a) how much will Jill save by paying within the discount period?

b) what will it cost Jill to retain the use of credit for 45 days?

c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?

Answers

Answer: a. $485

b. $15

c. 32.28%

Explanation:

a. how much will Jill save by paying within the discount period?

3% × $500 = 3/100 × $500 = 0.03 × $500 = $15

The amount saved will be:

= $500 - $15.

= $485

b) what will it cost Jill to retain the use of credit for 45 days?

This will be:

= 3% × $500

= 3/100 × $500

= 0.03 × $500

= $15

c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?

c) The annual interest will be calculated using:

= P x R x T

where,

I = interest = $15

P = principal = $485

R= rate of interest = Unknown

T= time factor = 15/365 = 0.0958

Then, annual Interest rate will be:

R = 15/ (485 x 0.0958)

R = 32.28%

Annual Interest rate is 32.28%

La Belle Inc. introduced a new line of accessories for teenage girls the last season. Following its immense popularity with the targeted group, the company anticipated high sales in the current season and ordered raw materials accordingly. . However, the success of the new line turned out to be a fad as the teens soon turned to other products offered by competing brands and La Belle's sales declined. This forecasting error caused a huge discrepancy in the amount of raw materials they needed and the amount of inventory they had already piled up in anticipation of good sales. This is an example of ________.

Answers

Answer:

The bull whip effect

Explanation:

The bull whip effect is the fluctuations in inventories or asset as a result of demand changes as you move up in the supply chain. This demand distortion travels in an upward direction in the supply chain from the retailer through to the wholesaler and manufacturer due to the fluctuations in orders.

A method of reducing this effect is through establishing effective communications between the suppliers and customers so that the reason for the demand distortion can be communicated between parties.

Which of the following falls under the category of current position analysis? a.Number of days' sales in inventory b.Inventory turnover c.Accounts receivable turnover d.Quick ratio

Answers

Answer:

The answer is D

= Quick ratio

Hope this answer helps you :)

Have a great day

Mark brainliest

Employees of a democratic leader feel like they have a
A) burden
B) voice
C) chance to make more money

Answers

B) voice because in the democracy it is for the people so the people's voice are heard

If
there will be a
higher equilibrium price
and quantity.
supply increases and demand decreases
• demand increases and supply stays the same
supply increases and demand stays the same
• supply increases and demand increases

Answers

Answer: supply increases and demand decreases

Explanation:

When there's a higher equilibrium price, the producers will be willing to supply more goods to take advantage of the price rise. This will lead to an increase in supply of goods.

On the other hand, when is a higher equilibrium price, demand will reduce. Consumers will make less purchases. This follows the law of demand.

Adele got a loan for $8,000 at 12% for 24 months.
The monthly payments are $376.80.
After 15 payments, the balance is $3222.44
1.
Adele wants to pay off her loan right now. What is the interest on the final payment?
2. If she wanted to pay off the loan right now, how much would it cost (hint: use your answer from (a) to help)?
3. What would have been the total amount she would have paid if she didn't pay it off early?
4. How much money has she already paid after 15 payments?
5. How much money was saved by paying the loan off early?

Answers

The second one it’s 2.)
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