3 years ago

How do you do it .Thank you

Mathematics

1 answer:

GrogVix [38]3 years ago

5 0

An improper fraction is when the numerator is greater. For example, 1 7/8 = 15/8

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Drag each symbol and number to the correct location on the inequality. Not all symbols and numbers will be used. Sam initially i

galben [10]

Answer:

$t \leq 18.67\ years$

Step-by-step explanation:

we know that

The simple interest formula is equal to

$A=P(1+rt)$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest

t is Number of Time Periods

in this problem we have

$t=?\ years\\ P=\$4,500\\ A=\$7,020\\r=0.03$

The inequality that represented this situation is

$P(1+rt) \leq A$

substitute the values and solve for t

$4,500(1+0.03t) \leq 7,020$

$(0.03t) \leq (7,020/4,500)-1$

$t \leq [(7,020/4,500)-1]/0.03$

$t \leq 18.67\ years$

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