MY NOTES ASK YOUR TEACHER Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%, and one paying 7% simple interest per year. Cyndee wants to put twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve a total annual return of $2295? least-risky intermediate 2$ highest-yielding
MY NOTES ASK YOUR TEACHER Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%, and one paying 7% simple interest per year. Cyndee wants to put twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve a total annual return of $2295? least-risky intermediate 2$ highest-yielding
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter5: Systems Of Equations And Inequalities
Section5.2: Systems Of Linear Equations In Several Variables
Problem 40E
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Please help
![MY NOTES
ASK YOUR TEACHER
Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%,
and one paying 7% simple interest per year. Cyndee wants
to put twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve
total annual return of $2295?
least-risky
intermediate
highest-yielding
$
MY NOTES
ASK YOUR TEACHER
18. -/3 Points]
DETAILS SPRECALC7 10.2.041.MI.
A farmer has 1,230 acres of land on which he grows corn, wheat, and soybeans. It costs $45 per acre to grow corn, $60 to grow wheat, and $50 to grow soybeans. Because of market demand the
farmer will grow twice as many acres of wheat as of corn. He has allocated $65,400 for the cost of growing his crops. How many acres of each crop should he plant?
corn
acres
wheat
acres
soybeans
acres](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc3f56dff-0b60-49cc-8c03-28401888e8a6%2F481618af-1ef3-498c-9a15-acbedc3940b9%2F4oro4y_processed.jpeg&w=3840&q=75)
Transcribed Image Text:MY NOTES
ASK YOUR TEACHER
Cyndee wants to invest $50,000. Her financial planner advises her to invest in three types of accounts: one paying 3%, one paying 5%,
and one paying 7% simple interest per year. Cyndee wants
to put twice as much in the lowest-yielding, least-risky account as in the highest-yielding account. How much should she invest in each account to achieve
total annual return of $2295?
least-risky
intermediate
highest-yielding
$
MY NOTES
ASK YOUR TEACHER
18. -/3 Points]
DETAILS SPRECALC7 10.2.041.MI.
A farmer has 1,230 acres of land on which he grows corn, wheat, and soybeans. It costs $45 per acre to grow corn, $60 to grow wheat, and $50 to grow soybeans. Because of market demand the
farmer will grow twice as many acres of wheat as of corn. He has allocated $65,400 for the cost of growing his crops. How many acres of each crop should he plant?
corn
acres
wheat
acres
soybeans
acres
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