Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
First step is to determine Jerry total deposit
over the two years
Total deposit = 24×$5
Total deposit= $144
Now let determine what the correct balance will be at end of two years
Using this formula
Maximum Amount=Principal (1+r)^t
<em>Where</em>:
Principal=$144
r=4.8%/12 = 0.4% or 0.004
t=24 months
Let plug in the formula
Maximum Balance = $144 (1.004)^24
Maximum Balance = $158.5
Based on the above calculation both Jerry $100 and Benny $163 balance are eliminated or rule out because the correct balance after two years is $158.5
Inconclusion Assuming Jerry calculates that if he makes a deposit of $6 each month at an APR of 4.8%, then at the end of two years the correct balance will be: $158.5
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The question presented is not answerable because it just presented a mere statement.
Answer:
x ≥ 1 (how to graph is listed below)
Step-by-step explanation:
To find where we need to plot the line, we first need to solve the inequality for x:
-2x - 3 ≤ -5
(Add three to both sides)
-2x ≤ -2
(Divide both sides by -2, but we can't forget that whenever we multiple or divide by a negative number, the sign flips!)
x ≥ 1
To graph this on the number line, you would put a dot on the 1 and fill it in completely (you fill in the dot for a "___ and equal to" sign. ex. ≥, ≤)
Then you would make an arrow from the dot to the right on the number line (this is because x must be greater than or equal to 1, so it must be facing in that direction)
Answer:
5.3 cups of flour
Step-by-step explanation:
8.5 - 3.2 = 5.3 cups of flour