19 Nov 2022

57

How to Invest Your Money for the Short and Long Term

Format: APA

Academic level: College

Paper type: Math Problem

Words: 323

Pages: 1

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Mary invested a total of $2,000 in two funds A and B. She earned 8% on her investment in fund A and 6% on his investment in fund B. If she earned a total of $144 for the year, how much did he invest in each fund? 

    $1,000 in A, $1,000 in B. 
       $1,200 in A, $800 in B 
    $1,600 in A, $400 in B 
    $800 in A, $1,200 in B 
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What is the accumulated amount if $5000 is invested at the interest rate of 6.4% per year compounded quarterly for 3 years?   Round your answers to two decimal places. 

    $5960.0  
    $8840.0 
      $6049.2  
    $6022.8 

Let U = , A= , B= and C=. Then (A U B) c ∩ C is  

      6 
       
       
       

Based on the survey results, 65% of the students take math classes, 50% take writing class, 30% take both math and writing classes. What percent of students take neither of them? 

    0% 
    15% 
    30% 
    85% 

The reduced row echelon form of the augmented matrix of a linear system is 

[ 1 0 1 | 2] 

[ 0 1 2 |5] 

[ 0 0 0 | 0]. 

The system has 

    Infinitely many solutions x=2, y=5, z= t which can be any number. 
    Infinitely many solutions x= 2 – t, y = 5- 2t, z = t, where t can be any number. 
    Only one solution: x=2, y=5, z=0. 
    The system has no solution. 

A sample data set is given as follows: 1, 6, 3, 4, 4, 3, 2, 1 Then  

  The mean is 3, the median is 3, the variance is 2.5.     
  The mean is 3, the median is 3, the variance is 2.86.     
  The mean is 3, the median is 4, the variance is 2.5.     
  The mean is 4, the median is 3, the variance is 2.86.     

In a game, you receive $10 for drawing an ace from a deck of cards, $1 for a face-card (J, Q or K), and nothing for any other card. How much should you pay so that the game is fair? 

    $1 
    $2 
    $0 
    $0.5 
   

A probability distribution has a mean of 20 and a standard deviation of 2.5. Use Chebychev’s inequality to estimate the probability that an outcome of the experiment lies between 15 and 20. 

    75% 
    65% 
    50% 
    90% 

9% of men cannot distinguish between the colors red and green. This is the type of color blindness that causes problems with traffic signals. If six men are randomly selected for a study of traffic signal perceptions, find the probability that exactly two of them cannot distinguish between red and green. 

      0.1023 
      0.0781 
      0.0126 
      0.0833 

Suppose     is a normal random variable with mean = 150 and standard deviation =25. Find P (134 <X <170). 

      0.7881 
    0.2611 
    0.2119 
    0.5270 
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StudyBounty. (2023, September 14). How to Invest Your Money for the Short and Long Term.
https://studybounty.com/how-to-invest-your-money-for-the-short-and-long-term-math-problem

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