An Investor Has $45000 to Invest in Three Types of Accounts

question 157

Multiple Choice

An investor has $45000 to invest in three types of accounts. Account A pays 4% annually Account B pays 6% and Account C pays 8%. The investor wishes to have a total return of $3000 on the investment with equal amounts invested in Account B and Account C. How much should be invested in each type of account to satisfy the investor's wishes? Round to the nearest hundredth.

• A) Account A = $15000 Account B = $15000 Account C = $15000
• B) Account A = $25000 Account B = $1000 Account C = $10000
• C) Account A = $5000 Account B = $20000 Account C = $20000
• D) There are infinitely many solutions
• E) No solution

Understand the types of networks based on scope and architecture.

Identify different network mediums and their characteristics.

Understand the concepts of Internet speeds and how they are referred to.

Recognize public network access solutions and protocols.

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Definitions:

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Hyperactivity

Excessive movement and activity which may be manifested by symptoms like fidgeting or talkativeness, often associated with ADHD.

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The total number of calories consumed through eating and drinking, which is crucial for energy balance and nutritional health.