Solve.Charlotte invested $6000 in money market funds. Part was invested at 15% interest, the rest at 11% interest. At the end of each year the fund company pays interest. After one year she earned $764 in simple interest. How much was invested at each interest rate?
A. $2600 at 15%;
$3400 at 11%
B. $2400 at 15%;
$3600 at 11%
C. $2600 at 11%;
$3400 at 15%
D. $2400 at 11%;
$3600 at 15%
Answer: A
You might also like to view...
Provide an appropriate response.Solve the following: One tank holds 50 more gallons than another. If the tanks together hold 1,970 gallons, how much does each tank hold?
Fill in the blank(s) with the appropriate word(s).
Tell whether the expression is a polynomial. If it is, give its degree.-4z3 + z
A. Polynomial; degree 1 B. Polynomial; degree 4 C. Polynomial; degree 3 D. Not a polynomial
Find the indicated probability.f(x) = 
e-x/3; [0, ?), P(1 ? x ? 3)
A. 0.0775 B. 0.1162 C. 0.0581 D. 0.3487
You deposit $1,500 in an account at the Lifelong Trust Savings and Loan that pays 6% per year compounded quarterly. By how much will your deposit have grown after 8 years? Round the answer to the nearest cent. ?
A. $3,165.49 B. $915.39 C. $915.49 D. $2,415.49 E. $912.39