Determine the amount of an investment if $1000 is invested at an interest rate of 7.3% compounded quarterly for 30 years.
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Answer:
Kim had bought 12 sandwiches.
Step-by-step explanation:
Given:
Amount spend at Midtown Dine = $35
Amount spend on large order of potato salad = $5
Cost of each sandwich = $2.5
We need to find the number of sandwich did Kim bought.
Solution:
Let the number of sandwich Kim bought be 'x'.
Now we know that;
Amount spend at Midtown Dine is equal to sum of Amount spend on large order of potato salad and number of sandwich Kim bought multiplied by Cost of each sandwich.
framing in equation form we get;
Subtracting both side by 5 we get;
Dividing both side by 2.5 we get;
Hence Kim had bought 12 sandwiches.