A banker divided $5000 between 2 accounts, one paying 10% annual interest and the second paying 8% annual interest. Express the amount invested in the 10% account in the terms of the amount invested in the 8% account.
Thank you for submitting an example text correction or rephasing. We will review the example in a short time and work on the publish it.
Showing 0 comments:
Tips to related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
You need to know the following knowledge to solve this word math problem:
Next similar math problems:
- Two accounts
Two accounts in the bank, one per year interest 2%, the second 3%. Total interest income 1900 USD. If interest rates were reversed, the yield would be USD 200 higher. What are the amounts on each account?
- Semiannually compound interest
If you deposit $5000 into an account paying 8.25% annual interest compounded semiannually, how long until there is $9350 in the account?
- Compound Interest
If you deposit $6000 in an account paying 6.5% annual interest compounded quarterly, how long until there is $12600 in the account?
- If you 2
If you deposit $4000 into an account paying 9% annual interest compounded monthly, how long until there is $10000 in the account?
- If you 4
If you deposit $2500 in an account paying 11% annual interest compounded quarterly, how long until there is the $4500 in the account?
- Saving 9
An amount if $ 2000 is invested at an interest of 5% per month. if $ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the amount have accumul
- Annual pension
Calculate the amount of money generating an annual pension of EUR 1000, payable at the end of the year and for a period of 10 years, shall be inserted into the bank to account with an annual interest rate of 2%
- Annual interest
A loan of 10 000 euro is to be repaid in annual payments over 10 years. Assuming a fixed 10% annual interest rate compounded annually, calculate: (a) the amount of each annual repayment (b) the total interest paid.
The depositor regularly wants to invest the same amount of money in the financial institution at the beginning of the year and wants to save 10,000 euros at the end of the tenth year. What amount should he deposit if the annual interest rate for the annua
If you take a bank loan $ 10000 and we want to repay after the year, we have to pay the total amount $ 10320/ What is the annual interest rate on this loan?
- Four pupils
Four pupils divided $ 1485 so that the second received 50% less than the first, the third 1/2 less than a fourth and fourth $ 154 less than the first. How much money had each of them?
- If you 3
If you deposit $4500 at 5% annual interest compound quarterly, how much money will be in the account after 10 years?
- Compound interest 4
3600 dollars is placed in an account with an annual interest rate of 9%. How much will be in the account after 25 years, to the nearest cent?
1000$ is invested at 10% compound interest. What factor is the capital multiplied by each year? How much will be there after n=12 years?
- A man 2
A man divides $10,000 into two investments, one at 10% and the other at 30%. Find how much is invested at each rate so that the two investments produce the same income annually.
- How much 2
How much money would you need to deposit today at 5% annual interest compounded monthly to have $2000 in the account after 9 years?
- Discounts 2
The local fitness center offers membership discounts for hospital employees. According to the membership brochure, you will receive a discount of 25% on a membership that normally costs $65 per month. How much will you pay for an annual membership if you