Jesse is investing $2000 more in stocks than in bonds.The bonds pay 7.2% in interest and the stocks pay 6%. If the income from each investment is the same,how much interest will he receive in all? ok the example is saying they multiplied 0.06 and 0.072 by 1000 how did they get 1000? @igreen

Answers

Answer 1

Answer: x+2,000=stocks
x=bonds
7.2%⇒(.072)(x)=bonds invested
6%⇒(.06)(x+2,000)=stocks invested

Here is the equation:

x(.072)=(.06)(x+2,000) | Since the income from both equal

You then solve each side first (assume you know how to but if not, let me know)

You first multily the parentheses/x variables
⇒.072x = .06x+2,000(.06)

⇒.072x = .06x+120

You then minus .06x from each side
⇒.012x = 120

You then divide each side by .012
.012x÷.012=x
120÷.012=10,000
x=10,000

Now change the original x variables with 10,000

.072($10,000)=$720 bond interest
They are equal so $720×2=$1440

Related Questions

3. The width and length of a rectangle areconsecutive integers. If the perimeter ofthe rectangle is 142 inches, find the widthand length of the rectangle.
Find the surface area of the cylinder in terms of .
What is the answer of y=1\3x-10 if x=12
He cost for 2 tickets to the movie theater is $22. What is the price per ticket? $2 $22 $11 $12
Mr. Richard's class is holding a canned food drive for charity. Juliet collected 10 more cans than Rosana. Santiago collected twice as many cans as Juliet. If they collected 130 cans altogether, how many cans did Juliet collect?

PLSSSS help me!!!!TEMPERATURE A thermometer is guaranteed to give a temperature no more than 1.2°F from the actual temperature. If the thermometer reads 28°F.
a. Write an equation to find the maximum and minimum temperatures t.

Answers

Answer:

26.8 ≤ t ≤ 29.2

Step-by-step explanation:

26.8 and 29.2 are the 2 numbers that are both 1.2 from 28. The equation explains that the temperature, t, is in between them, as it is greater than 26.8, and less then 29.2

Hope this helps!

Answer:

26.8°F≤x≤29.2°F

Step-by-step explanation:

If the thermometer reads 28°F, the range should be from 28°F to 29.2°F or 26.8°F to 28°F.

What is 60/100 simplified

Answers

60/100=3/5 (decimal:0.6)
=6/10----> divide 6 by 2 and 10 by 2.
=3/5----> divide 3 and 5
=0.6-----> Simplify

60/100 = 6/10
Then you can simplify that to 3/5
Hope i helped

Robin earned $4,320 in 9 weeks. How much did he earn working for a full year? (Assume Robin worked 50 weeks during the year.)

Answers

4320/9=$480 per week.
Then you do $480 time the 50 weeks he worked for the whole year.

480
*50
------
24000

Robin earns $24,000 from working for the whole year (50 weeks).

if 8 is added to twice a number and this sum is multiplied by 3ˏ the result is the number multiplied by 3 and 9 is added to the product.Whats the number?

Answers

$n-a\ number\n\n(8+2n)\cdot3=3n+9\n\n8\cdot3+2n\cdot3=3n+9\n\n24+6n=3n+9\ \ \ \ /-24\n\n24-24+6n=3n+9-24\n\n6n=3n-15\ \ \ \ /-3n\n\n6n-3n=3n-3n-15\n\n3n=-15\ \ \ \ /:3\n\n3n:3=-15:3\n\nn=-5$