Answer:
A. $22,223
B. $20,000
C. $20,000
Explanation:
The annual return of the retired couple's investment is called the yield in percentage.
A. If they go for Treasury bills which has a yield of 9%, to attain a return of at least $2,000 their investment must exceed $20,000. 9% of 22,223 = $2,000.07
B. . If they go for Corporate bonds option which has a yield of 11%, to attain a return of at least $2,000; 11% of 20,000 = $2,200
C. . If they go for Junk bonds option which has a yield of 13%, to attain annual return of at least $2,000; 13% of $20,000= $2,600
Answer:
Hello,
Please, see the attached file.
Thanks.
Step-by-step explanation:
Answer:
a. number of boxes sold ≥ 50
b. 26 + x ≥ 50
Step-by-step explanation:
This is an exponential equation that can be represented by the following:
f(x) = a(b)^x
In this case...
25143 = a(0.66)^3
25143 is the population after 3 hours.
3 is the amount of time in hours.
0.66 represents the percent of the population remaining after each hour (66% as there is a 34% decline each hour).
We must solve for a, which is the initial population.
First, simplify (0.66)^3 to 0.2874.
25143 = 0.2874a
Now divide both sides by 0.2874 to isolate a.
a = 87455
There were initially 87,455 people within the city. I wouldn't want to be in that place!
