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- Last year, at Haven's Pond Car Dealership, for a particular model of BMW, Jeep, and Toyota, one could purchase all three cars for a total of $140,000. This year, due to inflation, the same cars would cost $151,830. The cost of the BMW increased by 8%, the Jeep by 5%, and the Toyota by 12%. If the price of last year's Jeep was $7,000 less than the price of last year's BMW, what was the price of each of the three cars last year?arrow_forwardYou inherit one million dollars. You invest it all in three accounts for one year. The first account pays 3% compounded annually, the second account pays 4% compounded annually, and the third account pays 2% compounded annually. After one year, you earn $34,000 in interest. If you invest four times the money into the account that pays 3% compared to 2%, how much did you invest in each account?arrow_forward2% of what salary is $169arrow_forward
- Constance invested $4000 for 3 years in a savings account paying simple interest with a yearly interest rate of 3.5%. How much simple interest did she earn? $14 $420 $140 $42arrow_forwardJoseph Abruzzio decides to divide a gift of $6000 into two different accounts. He deposits $2000 in an IRA account that earns an annual simple interest rate of 5.5%. The remaining money is placed in an account that earns an annual simple interest rate of 8.25%. How much interest will Joseph earn in one year from the two accounts?$arrow_forward
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