jenny has thrice as much money invested in 15% as she invested at 12%. if she gets 51,300.00 from both investment how much did she invest at each rate?
Lots and lots of moolah each year (.)(.) ____
It really depends on how much money they invested.
x = amount of money invested at 5% y = amount of money invested at 4% x=2y .05x+.04y=350 .05(2y)+.04y=350 .1y+.04y=350 .14y=350 y=$2500 x=$5000
A compound interest calculator is used for determining how much your invested money can make you in it's lifetime of being invested. This is useful in telling you how much a certain amount of money will make you when it matures.
A compound interest calculator is used for determining how much your invested money can make you in it's lifetime of being invested. This is useful in telling you how much a certain amount of money will make you when it matures.
About 7000$ in a in a month probobally
It really depends on how much money they invested that year.
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
The better question would be, how much of it was invested versus how much of it was smoked? (pun intended)
from $1 to $1 Billion. It is not certain. But average is that you get 20% as profit of what you invested.
The amount of money made by stock investors depends on how much they have invested and how much gain they receive from these stocks. Also how much dividends their stocks give.