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Dmitriy789 [7]
4 years ago
8

You would like to give your daughter $75,000 towards her college education 17 years from now. how much money must you set aside

today for this purpose if you can earn 8 percent on your investments?
Mathematics
1 answer:
garri49 [273]4 years ago
4 0
The formula is
A=p (1+r)^t
A future value 75000
p present value?
R interest rate 0.08
T time 17 years
Solve the formula for p
P=A ÷ (1+r)^t
P=75,000÷(1+0.08)^(17)
P=20,270.17
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Lee has $220 to spend on shirts at $22 each and pants $38 each. what inequality represents the possible number of shirts and pan
Viefleur [7K]

The inequality that models the given situation is:

y*$22 + x*$38 ≤ $220

And some solutions are (1, 1), (1, 2), (2, 2).

<h3>Which inequality models the given situation?</h3>

To find the inequality, we first need to define the variables that we will use, the variables are:

  • x = number of pants bought.
  • y = number of shirts bought.

Knowing the price of each individual item, the total cost will be given by:

C = y*$22 + x*$38

And Lee has $220 to spend, so the maximum amount that he can spend is $220, then we have the inequality:

y*$22 + x*$38 ≤ $220

Now, to find solutions you just need to find some values of x and y that make the inequality true, for example, one solution is x = 1 and y = 1.

1*$22 + 1*$38 ≤ $220

$60 ≤ $220

This is true, so (1, 1) is a solution.

Another solutions are (2, 2), (1, 2), (0, 3), etc.

If you want to learn more about inequalities you can read:

brainly.com/question/24372553

#SPJ1

6 0
2 years ago
|x|-8=5 help me pls some one help me
MariettaO [177]
The answer is X=13 because 13-8=5
6 0
4 years ago
Read 2 more answers
Can someone help me with these two problems please?
kicyunya [14]

Answer:

b

j

................................

5 0
3 years ago
PLEASE HELP
nadezda [96]

Answer:

5,000 people

Step-by-step explanation:

3.75 * 10^5 AKA 100,000

375,000

375000/75 = 5,000

Hope I helped!

6 0
3 years ago
Read 2 more answers
How do I simplify an expression using the distributive property?
vladimir2022 [97]
You multiply the number outside the parenthesis with both of the numbers in the parenthesis separately.
4 0
3 years ago
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