Write the Word or Phrase That Best Completes Each Statement

question 327

Essay

Write the word or phrase that best completes each statement or answers the question.
-Meisha has $25,000 that she wants to invest. She invests it in accounts paying 12%, 7%, and 6% simpleinterest. The account paying 12% is a higher-risk account, so she wants the amount in that account to behalf of the amount she has in the account paying 6% simple interest. If her annual interest is $1945, howmuch is invested at each rate?

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Definitions:

Concerted Activity

Activities undertaken jointly by employees for the purpose of collective bargaining or other mutual aid or protection regarding workplace conditions.

Antitrust Jurisdiction

The legal authority granted to courts or regulatory bodies to oversee, enforce, and regulate laws that promote competition and prevent monopolistic practices.

Federal

Federal refers to the central or national government and its functions, laws, and powers within a country, as distinguished from state, provincial, or local governments.

Monopolization

The dominance of a market sector by a single company, restricting competition and controlling prices and production.