Phyllis invested 74000 dollars a portion earning a simple, Financial Accounting

+44 141 628 6080
[email protected]

Phyllis invested 74000 dollars a portion earning a simple

Phyllis invested 74000 dollars, a portion earning a simple interest rate of 5 percent per year and the rest earning a rate of 7 percent per year. After one year the total interest earned on these investments was 4480 dollars. How much money did she invest at each rate?

At rate 5 percent :

At rate 7 percent :

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Financial Accounting: Phyllis invested 74000 dollars a portion earning a simple

Reference No:- TGS01057909

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Financial Accounting

Q : Connor purchased a business from foster for 3000000 cash

connor purchased a business from foster for 3000000 cash and got the following assets in the deal fmv as determined by

Q : Carter bought a car for her company on july 1 2002 mid year

carter bought a car for her company on july 1 2002 mid year for 35000 she had to pay 600 in sales taxes 200 for

Q : Lewis companyrsquos standard labor cost of producing one

lewis companyrsquos standard labor cost of producing one unit of product dd is 320 hours at the rate of 1400 per hour

Q : The standard cost of product b manufactured by mit company

the standard cost of product b manufactured by mit company includes 340 units of direct materials at 560 per unit

Q : Phyllis invested 74000 dollars a portion earning a simple

phyllis invested 74000 dollars a portion earning a simple interest rate of 5 percent per year and the rest earning a

Q : After a 5 reduction you purchase a new digital player for

after a 5 reduction you purchase a new digital player for 190 what was the price of the digital player before the

Q : Vincent pays 20000 for equipment to use in his trade or

vincent pays 20000 for equipment to use in his trade or business he pays sales tax of 800 as a result of the purchase

Q : The roadside inn borrowed 100000 for two years at an annual

the roadside inn borrowed 100000 for two years at an annual interest rate of 10 from a bank that required a 20000

Q : Jennifer borrows 20900 from her bank to open a flower shop

jennifer borrows 20900 from her bank to open a flower shop she agrees to repay in 18 months with simple annual interest

1924469

Questions
Asked

3,689

Active Tutors

1447241

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Asked Questions

Which is a criticism of marxist/conflict theories

Question: Which of the following is a criticism of Marxist/conflict theories? Group of answer choices

Cases of local communities using modern technology

Question: Cases of local communities using modern technology to preserve and revive their traditions:

How the major schools of thought within sociology

Question: Discover how the major schools of thought within sociology explain social stratification.

How is it rational for the owner of a factory or plantation

How is it rational for the owner of a factory or plantation to work his laborers to death or disability when they can easily be replaced cheaply?

How sociological models help understand mental illness

Based on the chapter by Allen Furr on the sociology of mental illness, How do sociological models help you understand mental illness differently

Which of the things happened first

Which of the following things happened first? Group of answer choices Women gained the right to vote Seneca Falls Convention Margaret

Review the real-life cat and mouse chase

Real-Life Cat and Mouse Chase: Understanding the Perceptions and Attitudes of Street Vendors of Metro Manila towards MMDA Regulation No. 03-004