Solve the problem.A person plans to invest a total of $42,000 in a CD at 4% annual interest and a mutual fund that has a 3-year average annual interest of 10%. Let x and y represent the money (in dollars) invested in the CD and the mutual fund, respectively. How much money should be invested in each account to earn a total of $2400 in one year?
A. $30,000 invested at 4%; $12,000 invested at 10%
B. $22,000 invested at 4%; $20,000 invested at 10%
C. $20,000 invested at 4%; $22,000 invested at 10%
D. $12,000 invested at 4%; $30,000 invested at 10%
Answer: A
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In the problem, t is a real number and P = (x, y) is the point on the unit circle that corresponds to t. Find the exact value of the indicated trigonometric function of t.(,
)Find sec t.
A.
B.
C.
D.
? dx
What will be an ideal response?
Provide an appropriate response.The law that requires that a lending institution disclose to the borrower in writing the actual rate of interest is known as the:
A. APR Law B. Rule of 78 C. Constant Formula Disclosure Law D. Truth in Lending Act
Find the foci of the ellipse.16x2 - 32x + 25y2 + 250y + 241 = 0
A. (-5, -3), (-5, 5) B. (-3, -5), (5, -5) C. (-4, -5), (6, -5) D. (-2, -5), (4, -5)