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