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Elden [556K]
2 years ago
11

A retired woman has $180,000 to invest. she has chosen one relatively safe investment fund that has an annual yield of 9% and an

other, riskier fund that has a 13% annual yield. how much should she invest in each fund if she would like to earn $18,000 per year from her investments?
Business
1 answer:
Zepler [3.9K]2 years ago
6 0
Solution:  
Let the amount invested in scheme which yields 9% be x and amount invested in scheme which yields 13% be y.  
x + y = 180000 --equation 1 
0.09x + 0.13y = 18000 --equation 2  
Balancing the equations, multiply equation 1 with 0.09 and equation 2 with 1,  
0.09x + 0.09y = 16200 -equation 3
 0.09x + 0.13y = 18000 --equation4  
Subtracting equation 4 from 3, 
 -0.04y = -1800  
y = 45000 
 Now putting value of y in equation 1, 
 x + 45000 = 180000 
 x = 135000 
 The amount to be invested in scheme which yields 9% = $135,000
 The amount to be invested in scheme which yields 13% = $45,000
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Answer:

2019 -  $437,000; 2018 -  $382,000

Explanation:

The computation of the correct cost of goods sold for both 2018 and 2019 is shown below:

For 2019

= Beginning inventory + Cost of goods purchased - Ending inventory

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= $437,000

For 2018

= Beginning inventory + Cost of goods purchased - Ending inventory

= $50,000  + $400,000 - $68,000

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In 2019

Beginning inventory = $60,000 + $8,000 = $68,000

Ending inventory = $55,000 - $4,000 = $51,000

In 2018

Ending inventory = $60,000 + $8,000 = $68,000

5 0
2 years ago
Micro, Inc., started the year with net fixed assets of $75,300. At the end of the year, there was $96,700 in the same account, a
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Answer:

$158,730

Explanation:

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Answer:

A) the affordable method,

In Fine Fettle's management reviews what it is trying to achieve with promotion and sets the budget based on anticipated expenses.

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D) the objective-and-task method.

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Explanation:

A) is deciding the promotion expense considering how much can afford based on the expenses budget

B) determninate the promotion based on a percentage of expected sales

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8 0
2 years ago
Linke Motors has a beta of 1.30, the T-bill rate is 3.00%, and the T-bond rate is 6.5%. The annual return on the stock market du
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Answer:

<u>B</u>

<h3>Explanation:</h3>

Usually a life insurance policy stipulates that when th insured dies, the beneficiaries can file a claim to receive the life insurance money called the face value.

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