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Wittaler [7]
2 years ago
15

Ken has $950 in a savings account at the beginning of the summer. He wants to have at least $600 in the account by the end of th

e summer. He withdraws $35 a week for food, clothes and movie tickets. Write an inequality for the number of weeks Ken can withdraw money, and describe the solution.
Mathematics
1 answer:
Neko [114]2 years ago
6 0
Every week he withdraws $35 from the $950 in his savings, and he wants at least $600 by the end of the summer. So we could write:

\sf 950-35x\ge 600

Where 'x' is the number of weeks. Now let's solve it for 'x'.

Subtract 950 to both sides:

\sf -35x\ge -350

Divide -35 to both sides, don't forget to switch the sign when dividing/multiplying by a negative number:

\sf x\le 10

So he can only withdraw at money for at most 10 weeks if he wants at least $600 left in his account.
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So when you're solving for x here and distribute 8 on the right side, it would look like this:

8x+47=8(x+5)\\ \\ 8x+47=8x+40

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3 years ago
Five years ago, you invested $475 in corporate stock. You received dividends of $10 at the end of each quarter for two years. Yo
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The rate of return earned on the investment of $475 five years ago in the corporate stock is 312.63%.

<h3>What is the rate of return?</h3>

The rate of return is the net gain or loss of an investment expressed as a percentage of the investment's initial cost.

It is given by the formula,  R= {Vf - Vi}/{Vi} x 100.

Where:

R = Rate of return

Vf = final value, including dividends and interest

Vi = initial value

<h3>Data and Calculations:</h3>

Investment cost = $475

Dividends received:

1st two years = $80 ($10 x 8)

Three years = $180 ($15 x 12)

Total dividends received = $260 ($80 + $180)

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Total return = $1,485 ($1,960 - $475)

Rate of return = 312.63%  ($1,485/$475 x 100)

Thus, the rate of return is 312.63%.

Learn more about calculating the rate of return at brainly.com/question/14220025

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Step-by-step explanation:

The easiest way of find the answer for this is to use what is called the "point-slope" form of a line, because you are in fact given the value of the slope (m) and also a point   (x_0,y_0)  it goes through:

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This can also be written in the slope-intercept form by solving for "y" and operating to remove the parenthesis:

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