Answer:
$1382
3455 is 5/7 of salary so divide 3455/5 = 691
then multiply 691x2 because rent is 2/7 of salary
691x2 = 1382
Step-by-step explanation: To solve this absolute value inequality,
our goal is to get the absolute value by itself on one side of the inequality.
So start by adding 2 to both sides and we have 4|x + 5| ≤ 12.
Now divide both sides by 3 and we have |x + 5| ≤ 3.
Now the the absolute value is isolated, we can split this up.
The first inequality will look exactly like the one
we have right now except for the absolute value.
For the second one, we flip the sign and change the 3 to a negative.
So we have x + 5 ≤ 3 or x + 5 ≥ -3.
Solving each inequality from here, we have x ≤ -2 or x ≥ -8.
One half is 0.50, so compare 0.84 to 0.50. Which is true?
0.84 is greater than 0.50
0.84 equals 0.50
0.84 is less than 0.50.
Answer: the value of the account after 6 years is $101559.96
Step-by-step explanation:
If $64,000 is invested in an IRA account, then
Principal = $64,000
So P = 64,000
The rate at which $64000 was compounded is 8%
So r = 8/100 = 0.08
If it is compounded once in a year, this means that it is compounded annually (and not semi annually, quarterly or others). So
n = 1
We want to determine the value of the account after 6 years, this means
time, t = 6
Applying the compound interest formula,
A = P(1 + r/n)^nt
A = amount after n number of years
A = 64000( 1 + 0.08/1)^1×6
A = 64000(1.08)^6
A= 64000×1.58687432294
A= 101559.956668416
Approximately $101559.96 to 2 decimal places
