18. Bruce Blossum invested a sum of money at 10 % annual sim- ple interest and invested twice that amount at 12 % annual simple interest. If his total yearly income from both invest- ments was $2890, how much was invested at each rate?

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Q: Mike invested $3000 at 12% per annum compounded semi-annually for 8 years. a) How much money does…

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Q: 4. Sam invested $5000 in a high interest savings account and earns 3.5% simple interest per year.…

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Q: Kachina Caron invested $1800 in a simple interest account and earned $36 in 3 months, what is the…

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Q: Suzy put some money into an accout paying 5.5% interest compuunded continuously for 12 years. She…

A: Given,   Interest rate = 5.5 %   Total amount she has after 12 years = A = $18,900   And it is…

Q: A phone company charges an activation fee of $27.00, plus a cost of  $50.00 for a monthly plan.…

A: Given: A phone company charges an activation fee of $27.00, plus a cost of  $50.00 for a monthly…

Q: Use the below table to calculate the amount of federal income tax that Guadalupe should report if…

A: Given information Income she earned = $74157