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Vikki [24]
3 years ago
13

Riley and Louie have a $5,000 to invest. They both invest at a 2.5% simple interest rate. What is the value of Louis investment

if he invest for 3 years, then removes and spends $1,000 and then invests what remaining for 4 more years at a rate of 4%? Please show the work!
Mathematics
1 answer:
nexus9112 [7]3 years ago
3 0
I️ am leaving Riley out of this because it is only asking about Louis and it doesn’t say they split it so here is the work. The circled numbers are the steps in order.
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6 0
2 years ago
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Lemur [1.5K]

Answer:

6x + 25 ≤ 135

Step-by-step explanation:

Maximum amount to spend = $135

Boxes of popcorn = 2

Boxes of candy = 3

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5 0
2 years ago
5x + 3<br> ----------<br> 15 <br><br><br> How is this solved?
Bas_tet [7]
This expression can't be simplified any further be as there is no common factor for the numerator and the denominator.
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