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Sequence of equal periodic payments is4o of' () = 47 The maximum value isTotal interest amount in sinking fund isWrite any system of equation in two variable h...

Question

Sequence of equal periodic payments is4o of' () = 47 The maximum value isTotal interest amount in sinking fund isWrite any system of equation in two variable has infinite many solutions Annual Percentage yield is ifr= 14.6 % compounded weekly 6. The system of linear equations in tWo variable has il m ma ~hIfS8.800 is repaid of 9 months at 6.75% annual rate: eamed interest iSThe graphical solution of - "4-1>$-(2++5) is0

Sequence of equal periodic payments is 4o of' () = 47 The maximum value is Total interest amount in sinking fund is Write any system of equation in two variable has infinite many solution s Annual Percentage yield is ifr= 14.6 % compounded weekly 6. The system of linear equations in tWo variable has il m ma ~h IfS8.800 is repaid of 9 months at 6.75% annual rate: eamed interest iS The graphical solution of - "4-1>$-(2++5) is 0



Answers

You are given the yearly interest earned from a total of $18,000$ invested in two funds paying the given rates of simple interest. Write and solve a system of equations to find the amount invested at each rate. $$\begin{array}{lll} \text {Yearly Interest} & \text {Rate 1} & \text {Rate 2} \\ \$ 1182 & 5.6 \% & 6.8 \% \end{array}$$

If we're given $18,000 to divide into two accounts, one of which is earning 7.6% interest and the other is earning 8.8% interest. How much money are we going to put into each account to give us an interest rate of 1000 $542 at the end of the year. So first we're going to take X plus Y equals 18,000. This is the total amount we put into account X plus the total amount we put into account Y equals $18,000. And then we have 0.76 X plus 0.88 Y equals $1542. 7.6% of them out. We put an account X plus 8.8% of the amount we put into account. Why gives me that total of 1542 that we wanted? I'm going to subtract why from both sides over here on the left, and we get X equals 18,000 minus Y. Over here, we're gonna say 0.76 And instead of X, we're going to substitute in 18,000 minus why? Plus 0.88 equals 1542. 0.76 of 18,000 is 1368 minus 0.76 plus 0.88 equals 1542. I'm going to combine my leg terms and we get 1368 plus, 0.12 equals 1542. Subtract 1368 from both sides, and we get 0.12 Why? Equals 1540 to minus 1368 is 174 divide both sides by 0.12 And we get Y equals 14,500. Over here. We're gonna say X equals 18,000 minus 14,500 which gives me X equals 3000 500. We're going to put 3500 in at the 7.6% account and the other 14,500 at the 8.8% account.

Here we will use were able to represent or non data Solarte eggs the mountain, Mr It 6% And why the amount invested it 3% total investment amount $18,000. So here explains why you were too intelligent. This is the first case when I got now the interest for the two investment commanded. 8 40 Total interest is here pro talented. 8. $40 and interest for the two investment company Day for $2. So both third six personal. 3%. So 6%. 6% investment It's X amount and 3% investment. Amount it Why and right up until the expression door zero point 06% And here 0.3% or interested, 0.6 x and zero point 03 Why pay using this table? Usually we can get take a listen to so here, totally interested it for $2 or Europe want euro six plus 0.3 y is equal to 8. $40. This is a question, too. Dickerson won it explosive. Why did you go to it? Too intelligent. So the two questions we got X plus y musical to you too intelligent and 0.6 x Class 010 three way. Izzy Gould Oh, 8. 40. This can be solved as a tradition, method or addition. Method, soft edges and material work well here because both terrible Cinda first question alcohol patient of one extend way so well, as soon as 11 Also a recent works well here. If we multiply the first question by minus European Jurassic Sarge, European geometry. So our recent adding the secret essentially eliminate the variables. Both self teaches another recent method. We can solve the problem next to today. Artisan method. Our decent little X plus y Yes, you do it intelligent Will multi place multiply by my nurse. You're a point, Juro. Six. So here explores where you are minus 0.6 eggs and minus minus. European viruses also multiple right away. So my next 0.6 way Judo Six. Why is he called? Oh, 100 and second location, right. 0.0 point 06 Eggs. Applause 0.3 y Is he dildo 8 40 Here. No changes, no change. So here Europe weren't due to six x applause. Europe €1.3 way is he gonna do yet? 40 are the two equations So 0.6 plus minus cancer here minus 0.65 and here 0.3 ways. So minus 0.3 y. Did you call Joe? Who? 40 again? What is the value of y? What is he going to? This is minus minus 2. 40. Never heard away my next 0.0 three. Uh, this is what is your do? Yeah, I told you. Now you go to the value of why, By putting this value for any question one we can get the value of thanks. So question one is X plus y. Is he going to do eight Intelligent for the value of our here. Explosive. Intelligent? Is your dough h intelligent or exceptional? Do 10,018 minus eight the intelligent. So now you've got both the value of exertion. Why buy this edition method so excess to intelligent alert? I don't know what it is you told you dollar. This is a mountain dollar. So this is the answer

Here in this question. Let eggs be the amount. Ambassador 175% Hawaii Be the amount invested art for what? 25 person no set of the kitchen. Total investment Huge. $18,000 and totally interest. What you gonna do? 6. $84. Number two We Christians are explosive. Y Did you go to eight Intelligent. And this is total investment. The question one total investment and zero point 20275 x Yes. Do you want Do you have 4 to 5? Why? MM. Each 6. $84. This is a Kindle Kison 2.75% means just remove that a small point and want to play indoor Then So zero point this comes the door. Zero point You don't know 75 That's all for y. We can sell for away using a cousin one explodes where you hear it It's intelligent or why is equal to it's intelligent minus six. Now this after suit this value of why any question took So here the personage zero point 0275 x plus Gerald won't do you know for five y means here 18,000 miners x 6 80 Poor dollar. No, it's all this. Zero point 0275 x plus. Multiply these two. This is 7 65. Uh huh. Minus 0.4 to 5 weeks. It's called oh, six AP poor. Or this is the difference between the two. Europe weren't 015 X is equal to 6. 84. Your difference between 7. 67 6. 84 u T. One mhm now X physical too. How intelligent. 400. This is 81 David away. You're open. You know what? Okay, We got this among 5400. No so far away. Using your question One. Yeah. One here actually got 5400 explosive series age intelligent. So why is your to it? Intelligent? Minus 5400. You teach You're intelligent. 600. So we got the value. Excess X is equal to five Children. Food hunter. And why is he called? Oh, 20,000 600 dollars. No pigeon? No. This is the answer.

Okay, So this problem wants us to calculate the periodic payment value, uh, for a sinking fund so that we can make a final payment of $8500 for the interest. Compounded annually is 8%. Um, and then there there are a total of seven payments. So, um, I'm going to use a program on the on the calculator and it's TVM under the financial A button on the T I 84. You can also follow the formula s equals r times one plus I to empower minus one over. I, uh But the financial calculator just seems to be well, it better. So the president about you is zero. Uh, we're looking for the payments were paying each time. The future value is 8500. The annual rate is state. And we're making seven payments anyway. Okay. So that payment using that calculator comes out to be $952 and 62 cents. Thank you very much.


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