Question

An investment of $130,000 was made by a business Club. The investment was Split into three...

An investment of $130,000 was made by a business Club. The investment was Split into three parts and lasted for one year. The first part of the investment earned 8% interest, the second 6%, and the third 9%. Total interest from the investments was $9540. The interest from the first investment was 2 times the interest from the second. Find the amounta of the three parts of the investment.

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
An investment of 27,000    was made by a business club. The investment was split into three...
An investment of 27,000    was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned? 8% interest, the second? 6%, and the third? 9%. Total interest from the investments wa $1230 The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment.times the interest from the second.Find the amounts of the three parts...
An investment of $37,000 was made by a business club. The investment was split into three...
An investment of $37,000 was made by a business club. The investment was split into three parts and lasted for one year. the first part of the investment earned 8% interest, the second 6%, and the third 9%. the total interest from the investments was $3030. The interest from the first investment was 6 times the interest from the second. Find the amounts of the three parts of the investment. A. The first part of the investment was $____ B....
The management of a private investment club has a fund of $240,000 earmarked for investment in...
The management of a private investment club has a fund of $240,000 earmarked for investment in stocks. To arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). Management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. The investment in low risk stocks is to be...
Formulate but do not solve the problem. The management of a private investment club has a...
Formulate but do not solve the problem. The management of a private investment club has a fund of $260,000 earmarked for investment in stocks. To arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). Management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. The investment...
Investment Risk & Return – A private investment club has a fund of 200,000 to invest...
Investment Risk & Return – A private investment club has a fund of 200,000 to invest in stocks. The stocks being considered have been classified into three categories: a. High Risk b. Medium Risk c. Low Risk The following rate of return per year can be expected: a. High Risk – 15% b. Medium Risk – 10% c. Low Risk – 5% The amount invested in Low Risk is to be two times the sum of the amount invested in...
The management of a private investment club has a fund of $230,000 earmarked for investment in...
The management of a private investment club has a fund of $230,000 earmarked for investment in stocks. To arrive at an acceptable overall level of risk, the stocks that management is considering have been classified into three categories: high risk (x), medium risk (y), and low risk (z). Management estimates that high risk stocks will have a rate of return of 15%/year; medium risk stocks, 10%/year; and low risk stocks, 6%/year. The amount of money invested in low risk stocks...
You are given three investment alternatives to analyze. The cash flows from these three investments are...
You are given three investment alternatives to analyze. The cash flows from these three investments are as​ follows: End of Year A B C 1 10,000 10,000 2 10,000 3 10,000 4 10,000 5 10,000 10,000 6 10,000 50,000 7 10,000 8 10,000 9 10,000 10 10,000 10,000 Assuming an annual discount rate of 20 ​percent, find the present value of each investment.
During the past 3 years, your investment returned 6% in the first year, 4% in the...
During the past 3 years, your investment returned 6% in the first year, 4% in the second year, lost 9% in the third year. What was the average return on investment over the past three years? If you were to invest for one more year, what is your expected return? please show your answer
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment,...
A venture capitalist, willing to invest $1,000,000, has three investments to choose from. The first investment, a software company, has a 10% chance of returning $5,000,000 profit, a 30% chance of returning $1,000,000 profit, and a 60% chance of losing the million dollars. The second company, a hardware company, has a 20% chance of returning $3,000,000 profit, a 40% chance of returning $1,000,000 profit, and a 40% chance of losing the million dollars. The third company, a biotech firm, has...
You have just received a windfall from an investment you made in a​ friend's business. She...
You have just received a windfall from an investment you made in a​ friend's business. She will be paying you $ 18,811 at the end of this​ year, $37,622 at the end of next​ year, and $56,433 at the end of the year after that​ (three years from​ today). The interest rate is 8.8% per year. a. What is the present value of your​ windfall? b. What is the future value of your windfall in three years​ (on the date...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT