Mia has a jar containing nickels and dimes worth \$4.80 in total. If she has more dimes than nickels, how many of each coin does she have?
Table of contents
- 1. Review of Real Numbers2h 43m
- 2. Linear Equations and Inequalities5h 35m
- 3. Solving Word Problems2h 46m
- 4. Graphs and Functions5h 12m
- The Rectangular Coordinate System44m
- Graph Linear Equations in Two Variables24m
- Graph Linear Equations Using Intercepts23m
- Slope of a Line44m
- Slope-Intercept Form38m
- Point Slope Form22m
- Linear Inequalities in Two Variables28m
- Introduction to Relations and Functions53m
- Function Notation15m
- Composition of Functions17m
- 5. Systems of Linear Equations1h 53m
- 6. Exponents, Polynomials, and Polynomial Functions3h 17m
- 7. Factoring2h 49m
- 8. Rational Expressions and Functions3h 44m
- Simplifying Rational Expressions42m
- Multiplying and Dividing Rational Expressions25m
- Adding and Subtracting Rational Expressions with Common Denominators19m
- Least Common Denominators32m
- Adding and Subtracting Rational Expressions with Different Denominators32m
- Rational Equations44m
- Direct & Inverse Variation27m
- 9. Roots, Radicals, and Complex Numbers2h 33m
- 10. Quadratic Equations and Functions3h 1m
- 11. Inverse, Exponential, & Logarithmic Functions1h 5m
- 12. Conic Sections & Systems of Nonlinear Equations58m
- 13. Sequences, Series, and the Binomial Theorem1h 51m
3. Solving Word Problems
Mixture Problem Solving
Multiple Choice
A retirement fund invests some money in government bonds at annual simple interest, and \(5,000 more than that amount in corporate bonds at . If the total annual interest earned is \)1,450, how much was invested in each type of bond?
A
Government bonds = \$24,230.77; Corporate bonds = \$19,230.77
B
Government bonds = \$19,230.77; Corporate bonds = \$24,230.77
C
Government bonds = \$18,500.50; Corporate bonds = \$23,500.50
D
Government bonds = \$23,500.50; Corporate bonds = \$18,500.50
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Verified step by step guidance1
Let the amount invested in government bonds be represented by the variable \(x\).
Since the amount invested in corporate bonds is \$5,000\( more than the government bonds, express it as \)x + 5000$.
Write the expressions for the annual simple interest earned from each investment: for government bonds, it is \(0.025 \times x\), and for corporate bonds, it is \(0.04 \times (x + 5000)\).
Set up an equation for the total annual interest earned by adding the two interest amounts and equate it to \$1450$:
\(0.025 \times x + 0.04 \times (x + 5000) = 1450\)
Solve the equation for \(x\) to find the amount invested in government bonds, then add \$5000$ to find the amount invested in corporate bonds.
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