Use the simple interest formula.If $38,000 is invested at 10% simple annual interest, how much should be invested at 12% annual simple interest so that the total yearly income from both investments is $5000?

A. $440
B. $10,000
C. $4400
D. $1000


Answer: B

Mathematics

You might also like to view...

Solve the problem.If (3, b) is a point on the graph of 3x - 2y = 17, what is b?

A. -4
B.
C. 4
D.

Mathematics

Approximate the value using a calculator. Express answer rounded to three decimal places.4.7?

A. 36.462 B. 14.765 C. 217.071 D. 129.258

Mathematics

Solve the system by graphing.

A. {(x, y) }
B. {(6, 5)}
C. ?
D. {(5, 6)}

Mathematics

Determine whether the statement is true or false.In the simplex method for a canonical linear programming problem, if all entries in the bottom row to the left of the vertical line are nonnegative, then the solution is optimal.

A. True B. False

Mathematics