One safe investment pays 8% per year, and a more risky investment pays 14% per year.a. How much must be invested in each account if an investor of $93,000 would like a return of $8,640 per vear?b. Why might the investor use two accounts rather than put all the money in the 14% investment?a. $ is invested in the 8% account.is invested in the 14% account.b. Why might the investor use two accounts?O A. The 14% account does not earn asluch interest as the 8% accountO B. The 14% investment is riskier than the 8% investment, There is a qreater chance the investor will lose money if it is all placed in the 14% account.O C. Investing in two accounts always yields more money than investing in just one account.O D. Although the 14% account earns more interest, the 8% account has no hidden fees.O Time Remaining: 01:59:08Next9:59 PM44°F Partly cloudyP Type here to search12/10/20.

Answered: Image /qna-images/answer/66630a5c-bf11-49bd-bc8d-5770d83ce748.jpg

Answered: One safe investment pays 8% per year,…

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

See similar textbooks

Similar questions

You always enjoyed a Starbucks Iced Oat Latte every day (5 days a week) on your way to work at a cost of $5.70 including tax. At lunch you'd pick up a sandwich and coffee from the bakery at your office building for an all-in cost of $12.50. You were tired after your long commute so you would order out three nights a week at a cost of about $20 per meal. You have been trying to save for a trip but never had any extra cash to invest. Then COVID hit and you had to work from home. Now that you are back at your office, you are bringing your own coffee, packing your own lunch, and only eating out occasionally. You estimate you are spending only about 10% weekly of what you were spending pre- covid and saving the rest. If you invest your weekly savings into a mutual fund with an annual rate of return (APR) of 6.5%, compounded weekly, a) How much will you have accumulated at the end of two years to fund your trip? b) How much would you have to deposit in one lump sum today to have the same…
During 2022, Betty Simmons purchased 275 shares of common stock Issued by Doctor's Medical Supply for $9700 Including commission. Later in the same year,Betty sold the shares for $10,300 after commission. Calculate the following. (Round all answers to two decimal places.)1. Profit on this stock transaction:2. Percentage return on investment:
Villalpando Winery wrts to rase $15 million from the sale of prefemed stack. It the winery warts to sel one milion shares of prefened stock, whut ama dvdend will it have to promise it investors demand a retum of a. 11%? b. 15%? d. 76? f. 3%? a Whut aw dividend will it have to promise it vestos demand a retun of 1N?
A company's sales in Seattle were $390,000 in 2012, while their sales in Portland were $270,000 for the same year. Complete the following statements:a. Seattle's sales were % larger than Portland's.b. Portland sales were % smaller than Seattle's.c. Portland sales were % of Seattle's.Give answers accurate to at least one decimal place.
Mutual Fund X owns 0.5% of the total stock of Company Y. In one particular year, Company Y announces annual profits of $12,000,000, and decides to pay dividends to its shareholders at a rate of 15% of its annual profits. How much will Mutual Fund X receive in the form of dividends from Company Y? Give your answer in dollars.
Suppose that you have $9,000 in a rather risky investment recommended by your financial advisor. During the first year, your investment decreases by 40% of its original value. During the second year, your investment at the end of year one increases by 50%. Your advisor tells you that there must have been a 10% overall increase of your original $9,000 investment. Is your financial advisor using percentages properly? If not, what is your actual percent gain or loss of your original $9,000 investment? Select the correct choice below and fill in the answer boxes to complete your choice. (Type a whole number.) O A. No, there is an actual percent gain of % O B. Yes, there is an actual percent loss of % O C. Yes, there is an actual percent gain of % O D. No, there is an actual percent loss of %
Leonard started a systematic investment program by buying $400.00 worth of mutual funds on the first day of every month starting on February 1. Mutual funds are purchased in units. Leonard purchased as many units as he could with his $400.00, including fractions of units. Unit prices for the first six months were $10.00, $10.80, $11.50, $9.75, $9.40, and $12.15 respectively. Complete parts (a) through (d) below. (a) What is the simple average of the unit prices? $ (Round to the nearest cent as needed.) (b) What is the total number of units purchased during the first six months? units (Round to three decimal places as needed.) (c) What is the average cost of the units purchased? $ (Round to the nearest cent as needed.) (d) What is the value of Leonard's mutual fund holdings on July 31 if the unit price is $11.90 on that date? $4 (Round to the nearest cent as needed.)

Recommended textbooks for you

Calculus: Early Transcendentals

Calculus

ISBN:

9781285741550

Author:

James Stewart

Publisher:

Cengage Learning

Thomas' Calculus (14th Edition)

Calculus

ISBN:

9780134438986

Author:

Joel R. Hass, Christopher E. Heil, Maurice D. Weir

Publisher:

PEARSON

Calculus: Early Transcendentals (3rd Edition)

Calculus

ISBN:

9780134763644

Author:

William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz

Publisher:

PEARSON

Calculus: Early Transcendentals

Calculus

ISBN:

9781285741550

Author:

James Stewart

Publisher:

Cengage Learning

Thomas' Calculus (14th Edition)

Calculus

ISBN:

9780134438986

Author:

Joel R. Hass, Christopher E. Heil, Maurice D. Weir

Publisher:

PEARSON

Calculus: Early Transcendentals (3rd Edition)

Calculus

ISBN:

9780134763644

Author:

William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz

Publisher:

PEARSON

Calculus: Early Transcendentals

Calculus

ISBN:

9781319050740

Author:

Jon Rogawski, Colin Adams, Robert Franzosa

Publisher:

W. H. Freeman

Precalculus

Calculus

ISBN:

9780135189405

Author:

Michael Sullivan

Publisher:

PEARSON

Calculus: Early Transcendental Functions

Calculus

ISBN:

9781337552516

Author:

Ron Larson, Bruce H. Edwards

Publisher:

Cengage Learning

SEE MORE TEXTBOOKS