An account is opened with an initial deposit of $100 and earns 3.0% interest compounded monthly. What will the account be worth
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Answer:
Step-by-step explanation:
It is given that,
Amy wants to sell at most 25 cookies ,
Let number of cookies be '' , then
should be less than or equal to 25
Which is represented by ,
Further,
Let number of sprites be '', then '
' should be greater than or equal to 10
Which is represented by
Also,
Given,
she profits $.50 on every cookie
and $1.00 on every sprite.
So total profit on selling cookies would be
= Profit on each cookie times the number of cookies
=
=
Similarly, total profit on selling sprites would be
=profit on each sprite times the number of sprites
=
=
Now, combining these two should be greater than or equal to $30
representing this through an equation,
Thus the sysytem of equations is given as: