Mr Cash invested $80,000 dollars in various stocks and bonds. He earned a 7% dividend on his stocks, and 5% interest on his bond
s, for a one year profit (from both stocks and bonds) of $4900. How much did Mr Cash invest in bonds?
1 answer:
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<h3>Answer: 3</h3>
Explanation:
Refer to the graph below. It should be similar to what your teacher gave you, based off the description.
Since we're approaching 3 from the right side, this means we'll be working with the horizontal line portion. We could start at something like x = 3.2 and move closer to 3 by getting to x = 3.1 then x = 3.01 then x = 3.001 and so on. We never actually get to 3 itself.
As x gets closer to 3 from this direction, the y values are approaching 3 since every point on this horizontal line has the same y coordinate. Technically the y value is already at 3, but it's the same idea.
In terms of notation, we can write
The portion means we're approaching 3 from the positive side, aka the right hand side on the number line.