subject
Business, 22.07.2020 19:01 cyndy50

The annual interest on a $16,000 investment exceeds the interest earned on an $11,000 investment by $496. The $16,000 is invested at a 0.6% higher rate of interest than the $11,000. What is the interest rate of each investment?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 15:20
To make a profit while benefiting humanity is an example of a mission statement that what
Answers: 3
question
Business, 22.06.2019 08:30
Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.
Answers: 1
question
Business, 22.06.2019 10:30
The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.
Answers: 1
question
Business, 22.06.2019 20:00
What part of the rational model of decision-making does the former business executive “elliott” have a problem completing?
Answers: 2
You know the right answer?
The annual interest on a $16,000 investment exceeds the interest earned on an $11,000 investment by...
Questions
question
Mathematics, 28.06.2019 03:00
Questions on the website: 13722367