You invest $1600 in an account paying 5% interest compounded daily. What is the account's effective annual yield? Assume 360 day
1 answer:
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Brenda has to take out the trash more than 4 times to have more than $50.
Step-by-step explanation:
Given,
Amount Brenda already have = $30
Amount she gets each time for throwing trash = $5
Amount she wants to have = More than $50
Let,
x be the number of times she throws trash.
Amount for throwing trash * Number of times trash thrown + Amount already have > Amount she wants to have
Dividing both sides by 5
Brenda has to take out the trash more than 4 times to have more than $50.
Keywords: variable, inequality
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