Solve the problem.Ms. Adams received a bonus check for $15,000. She decided to divide the money among three different investments. With some of the money, she purchased a municipal bond paying 5.7% simple interest. She invested twice the amount she paid for the municipal bond in a certificate of deposit paying 4.6% simple interest. Ms. Adams placed the balance of the money in a money market account paying 3.4% simple interest. If Ms. Adams' total interest for one year was $580.50, how much was placed in each account?
A. municipal bond: $1250
certificate of deposit: $2500
money market: $11,250
B. municipal bond: $1500
certificate of deposit: $3000
money market: $10,500
C. municipal bond: $1000
certificate of deposit: $2000
money market: $12,000
D. municipal bond: $2000
certificate of deposit: $4000
money market: $9000
Answer: B
You might also like to view...
First, round the mixed numbers to the nearest whole number and estimate the answer. Then find the exact answer and write it in simplest form.38 - 25
A. 11
B. 13
C. 12
D. 12
Decide whether the statement is true or false. If the statement is false, give an example to show that it is false.A circuit cannot be both a Hamilton circuit and an Euler circuit.
What will be an ideal response?
Describe the rigid motion(s) that would be used to transform the above figure into the figure shown below.
A. Rotate 180° B. Reflect about vertical axis C. Reflect about diagonal axis D. Reflect about horizontal axis
Simplify. Assume that all variables represent positive real numbers.
A. 4
B. -4a2b
C. 4ab
D. 4ab