Maricopa's Success scholarship fund receives a gift of $ 150000. Themoney is invested in stocks, bonds, and CDs. CDs pay 2 % interest,bonds pay 3.8 % interest, and stocks pay 6.1 % interest. MaricopaSuccess invests $ 20000 more in bonds than in CDs. If the annualincome from the investments is $ 5810 , how much was invested ineach account?Maricopa Success invested $in stocks.Maricopa Success invested $in bonds.Maricopa Success invested $in CDs.Question Help: DVideo Message instructorSubmit Question« PreviousNext »

Suppose amount invested in CDs is a, so the amount invested in bonds is a + $20000, The Total amount…

Answered: Maricopa's Success scholarship fund…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Edmonds Community College's (EDCC) scholarship fund received a gift of $325,000. The money is invested in stocks, bonds, and CDs. CDs pay 2.5% interest, bonds pay 2.9% interest, and stocks pay 7.8% simple interest. To spread the risk the College has a policy of having 4 times as much money in CDs as in stocks and bonds combined. If the annual income from the investments is $9,365 , how much was invested in each vehicle? solve by the method of your choice either using reduced row echelon form or the matrix equation EDCC invested $ in stocks ___________________ $ in bonds ___________________ $ in CDs ___________________
Siti Khadijah invested RM30 000 in Sudir Mutual Fund and Kajol Mutual Fund.Sudir Mutual is giving a simple interest of 12% per annum and Kajol Mutul Fund us giving a simple interest of 8% per annum.The total interest after one year is RM3 200.Find the amount invested in Sudir Mutual Fund and Kajol Mutual Fund. Sudir Mutual Fund:RM20 000,Kajol Mutual Fund:RM10 000 Sudir Mutual Fund:RM15 000,Kajol Mutual Fund:RM15 000 Sudir Mutual Fund:RM10 000,Kajol Mutual Fund:RM20 000 Sudir Mutul Fund:RM15 500,Kajol Mutual Fund:RM14 500
Please explain ASAP. Without using Excel
A college scholarship fund received a gift of $ 156,469.08.The money is invested in CDs, bonds, and Stocks.CDs pay 4.25% interest, bonds pay 5.5% interest, and stocks pay 6.8% simple interest.ACM invests $ 51,181.71 more in bonds than in CDs. If the annual income from the investments is $9,331.00 , how much was invested in each vehicle?
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At the start of the year, Piotr has an investment fund worth $30,000.00. 4 months later the fund is worth $30,750.00 and Piotr deposits another $3,000.00. 4 months after that, the fund is worth $34,425.00 and Piotr withdraws the $3,000.00 his deposited the time before. At the end of the year the fund is worth $31,425.00. a) What is the Dollar Weighted Return for Piotr's investment? b) What is the Time Weighted Return for the investment fund? c) What would the fund balance at the end of year have to be to make the Time Weighted Return for the year equal the Dollar Weighted Return for the year? d) In this case (TWR = DWR) what was the return on the investment fund in the last time period?
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Afif had a fund of RM55,000 and planned to invest his money in two different schemes. He invested 60% of his money in scheme A which pays 9% compounded quarterly. The balance was invested in Scheme B which pays k% compounded semi-annually. After 8 years, the accumulated amount for both of his investments was RM113,000. Find k.
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Array intends to allocate her savings into various types of financial investments. She has $194,400 to invest in stocks, bonds, and mutual funds according to her chosen respectively. How much should she invest in each type of investment? Round your answers to the nearest dollar. 4 1 7 ratio : 3 9 11 Stocks: $ Bonds: $ • Mutual Funds: $
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