Chantal volunteered to bring 1 gallon of freshly squeezed orange juice to a picnic. The local grocery store sells 4-pound bags o
f oranges for $3.49. Each bag contains 11 to 12 oranges. after squeezing 2 oranges, Chantal had 5 ounces of juice. Estimate the number of 4-pound bags of oranges chantal needs to make 1 gallon of orange juice. Use your estimate to determine the total cost of 1 gallon of freshly squeezed orange juice. Explain how you found your estimate and show your work.
Assuming the price of the pool does not change, then Additional interest required is 4500-3750=750 using I=Pit, we set up equation 750=3750*0.055*t Solve for t t=750/(3750*0.055)=3.64 years. So will need to wait 3.64 years, or rounded up to 4 years.
