Copyright © 2011 Pearson Education, Inc. Investment and Mixture 3.5 1.Use a table to solve problems involving two investments. 2.Use a table to solve problems.

Slides:



Advertisements
Similar presentations
Simple Interest. is money added onto the original amount saved (earned) or borrowed (charged). Simple Interest.
Advertisements

CONTINUOUSLY COMPOUNDED INTEREST FORMULA amount at the end Principal (amount at start) annual interest rate (as a decimal) time (in years)
Homework, Page 341 Find the amount A accumulated after investing a principal P for t years at an interest rate of r compounded annually. 1.
Warm-up (get out a calculator)  If I have a 10mL solution that is 45% acid. How much acid is in the solution?  How much money did I invest in stocks.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 1- 1.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 6- 1.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 2- 1.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 4- 1.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide 9- 1.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
© 2010 Pearson Education, Inc. All rights reserved.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
1 Chapter 7 Solutions 7.5 Molarity and Dilution. 2 Molarity (M) Molarity (M) is a concentration term for solutions. gives the moles of solute in 1 L solution.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Chapter 3 Copyright © 2015, 2011, 2007 Pearson Education, Inc. Chapter 3-1 Applications of Algebra.
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Slide
Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 5 Part 1 Conditionals and Loops.
  A1.1.E Solve problems that can be represented by exponential functions and equations  A1.2.D Determine whether approximations or exact values of.
Slide 1 Copyright © 2015, 2011, 2008 Pearson Education, Inc. Percent and Problem Solving: Interest Section7.6.
Copyright © 2008 Pearson Education, Inc. Slide 4-1 Unit 4C Savings Plans and Investments.
Section 1.1, Slide 1 Copyright © 2014, 2010, 2007 Pearson Education, Inc. Section 8.2, Slide 1 Consumer Mathematics The Mathematics of Everyday Life 8.
SECTION 5-4 Simple Interest pp
SECTION 5-4 Simple Interest pp
Section 1.1, Slide 1 Copyright © 2014, 2010, 2007 Pearson Education, Inc. Section 8.2, Slide 1 Consumer Mathematics The Mathematics of Everyday Life 8.
Chapter 7 Test Review Sections
Copyright © 2015, 2011, 2008 Pearson Education, Inc. Chapter 4, Unit B, Slide 1 Managing Money 4.
Copyright © 2008 Pearson Education, Inc. Slide 4-1 Unit 4B The Power of Compounding.
Using Percents Part 2.
Copyright 2013, 2010, 2007, Pearson, Education, Inc. Section 11.3 Compound Interest.
SECTION 5-4 Simple Interest pp
Copyright © 2011 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 11.9 Curvature and Normal Vectors.
Thinking Mathematically
Copyright 2013, 2010, 2007, Pearson, Education, Inc. Section 11.3 Compound Interest.
Copyright © 2015, 2011, 2007 Pearson Education, Inc. 1 1 Chapter 4 Systems of Linear Equations and Inequalities.
Copyright © 2011 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 11.5 Lines and Curves in Space.
Copyright © 2011 Pearson Education, Inc. Publishing as Pearson Addison-Wesley. Chapter 4 Applications of the Derivative.
Copyright © 2011 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Chapter 1 Functions.
Basic Chemistry Copyright © 2011 Pearson Education, Inc. 1 Chapter 12 Solutions 12.4 Percent Concentration.
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall. Chapter 5 Percents.
1 Chapter 12Solutions 12.4 Percent Concentration Copyright © 2008 by Pearson Education, Inc. Publishing as Benjamin Cummings.
Precal D Section 1.4 Sample Problems. Example 1 - Investments A total of $12,000 is invested in a savings and a checking account. The savings account.
7-7 Simple and Compound Interest. Definitions Left side Principal Interest Interest rate Simple interest Right side When you first deposit money Money.
Compound Interest Tables pp SECTION.
Slide R.1- 1 Copyright © 2008 Pearson Education, Inc. Publishing as Pearson Addison-Wesley.
Investment (Interest) and Mixture Problems. Interest Problems page 198 Simple Interest is interest earned on the principle or original amount. Compound.
Copyright © 2011 Pearson Education, Inc. Managing Your Money.
Simple Interest Formula I = PRT. I = interest earned (amount of money the bank pays you) P = Principle amount invested or borrowed. R = Interest Rate.
Copyright © 2011 Pearson Education, Inc. Publishing as Pearson Addison-Wesley. Chapter 5 Integration.
Copyright © 2011 Pearson Education, Inc. Publishing as Pearson Addison-Wesley 11.6 Calculus of Vector-Valued Functions.
Math – Solving Problems Involving Interest 1.
Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall. Section 5.7 Financial Models.
10-8 Mixture Problems Standard 15.0: Apply algebraic techniques to percent mixture problems. Standard 15.0: Apply algebraic techniques to percent mixture.
Copyright © 2012, 2009, 2005, 2002 Pearson Education, Inc. Chapter 5 Percent.
Copyright © 2011 Pearson Education, Inc. Publishing as Prentice Hall. 7.6 Percent and Problem Solving: Interest.
Applications of Linear Equations. Use percent in solving problems involving rates. Recall that percent means “per hundred.” Thus, percents are ratios.
Simple and Compound Interest Unit 4 - Investing. Determining Simple Interest I = p * r * t Interest = Principle X Rate X Time ( in years)
Copyright © 2015, 2008 Pearson Education, Inc. Section 6.5, Slide Perimeter, Value, Interest, and Mixture Problems.
Simple Interest. is money added onto the original amount saved (earned) or borrowed (charged). Simple Interest: Video below!
Section 3Chapter 2. 1 Copyright © 2012, 2008, 2004 Pearson Education, Inc. Objectives Applications of Linear Equations Translate from words.
Presentation transcript:

Copyright © 2011 Pearson Education, Inc. Investment and Mixture Use a table to solve problems involving two investments. 2.Use a table to solve problems involving mixtures.

Understanding Quantities += ABC 23_____ x _____9 x x – x 9 – 5 12 – 1

Understanding Quantities += x6_____ x14 x_____13 ABC x – x 13 – x

Objective 1 Use a table to solve problems involving two investments. Interest = Principal ∙ Rate ∙ Time Change percents to decimals for calculations Interest = Principal ∙ Rate Time = 1 year I = Pr

Marvin invests a total of $12,000 in two plans. Plan 1 is at an APR (annual percentage rate) of 6% and Plan 2 is at an APR of 9%. If the total interest earned after one year is $828, what principal was invested in each plan? Interest from Plan 1 Interest from Plan 2 + = Principal ∙ Rate Investment Problems AccountsPrincipalRateInterest Plan 1 Plan 2 Total I = Pr 6% =.06 9% =.09 x 12,000 – x Total Interest 12,000.06x.09(12,000 – x).06x.09(12,000 – x) += $828

AccountsPrincipalRateInterest Plan 1 Plan 2 Total Marvin invests a total of $12,000 in two plans. Plan 1 is at an APR (annual percentage rate) of 6% and Plan 2 is at an APR of 9%. If the total interest earned after one year is $828, what principal was invested in each plan? I = Pr What did we find?Did we answer the question? Plan 2: 12,000 – x 12,000 – Plan 1: $8400 Plan 2: $3600 6% =.06 9% =.09 x 12,000 – x 12,000.06x.09(12,000 – x) $828 = $8400

Jon invests in a plan that has an APR of 8%. He invests $650 more than what he invested in the 8% account in a 12% APR account. If the total interest after one year from the investments is $328, how much was invested in each plan? AccountsPrincipalRateInterest Plan 1 Plan 2 Total I = Pr x x x.12(x + 650) Interest from Plan 1 Interest from Plan 2 + = Total Interest What did we find? Did we answer the question? = 1250 Plan 2: x $1250 at 8% $1900 at 12%

Sam has $4000. She put some of the money into savings that pays 6% and the rest in an account that pays 7%. If her total interest for the year is $264, how much did she invest at each rate? AccountsPrincipalRateInterest Plan 1 Plan 2 Total I = Pr x 4000 – x x.07(4000 – x) Interest from Plan 1 Interest from Plan 2 + = Total Interest What did we find? Did we answer the question? = 1600 Plan 2: 4000 – x 4000 – $1600 at 6% $2400 at 7% 4000

Slide 1- 9 Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Lisa invests a total of $6000 in two different accounts. The first account earns 8% while the second account earns 3%. If the total interest earned is $390 after one year, what amount is invested at 8%? a) $1800 b) $2100 c) $4200 d) $4800

Slide Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Lisa invests a total of $6000 in two different accounts. The first account earns 8% while the second account earns 3%. If the total interest earned is $390 after one year, what amount is invested at 8%? a) $1800 b) $2100 c) $4200 d) $4800

The dairy is making a 30% buttermilk cream. If it mixes a 26% buttermilk cream with a 35% buttermilk cream, how much of each does it need to use to produce 300 pounds of 30% buttermilk cream? + = Mixture Problems 26% 35% 30% x x 300

The dairy is making a 30% buttermilk cream. If it mixes a 26% buttermilk cream with a 35% buttermilk cream, how much of each does it need to use to produce 300 pounds of 30% buttermilk cream? + = 26%35%30% x300 - x300 Types% ConcentrationQuantityTotal 26% 35% 30% x 300 – x x.35(300 – x).30(300) What did we find? Did we answer the question? 35%:

+ = Ken has 80 milliliters of 15% acid solution. How much of a 20% acid solution must be added to create a solution that is 18% acid? 15%20%18% 80x 80 + x Types% ConcentrationQuantityTotal 15% 20% 18% x 80 + x.15(80).20x.18(80 + x) What did we find? Did we answer the question? = ml of the 20% solution

+ = The Candy Shoppe wants to mix 115 pounds of candy to sell for $.80 per pound. How many pounds of $.60 candy must be mixed with a candy costing $1.20 per pound to make the desired mix? x115 – x 115 Types% ConcentrationQuantityTotal $.60 $1.20 $ x 115 – x x 1.20(115 – x ).80(115) What did we find? Did we answer the question?

Slide Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Martin has a bottle containing 120 milliliters of 30% HCl solution and a bottle of 15% HCl solution. He wants a 25% HCl solution. How much of the 15% solution must be added to the 30% solution so that a 25% concentration is created? a) 30 milliliters b) 45 milliliters c) 60 milliliters d) 75 milliliters

Slide Copyright © 2007 Pearson Education, Inc. Publishing as Pearson Addison-Wesley Martin has a bottle containing 120 milliliters of 30% HCl solution and a bottle of 15% HCl solution. He wants a 25% HCl solution. How much of the 15% solution must be added to the 30% solution so that a 25% concentration is created? a) 30 milliliters b) 45 milliliters c) 60 milliliters d) 75 milliliters