Answer: $2,000,000
Explanation: Let X be the amount of Avery's investment. Since she will receive $40,000 every year for the next six years, the most she will earn is
$40,000 × 6 = $240,000.
Since she wants to earn 12% on her investment, her earnings is equal to 12% of X = 0.12X. Since the most she will earn is $240,000,
0.12X ≤ 240,000
X ≤ 240,000 ÷ 0.12 = 2,000,000 (Divide both sides by 0.12)
Hence X ≤ 2,000,000. Therefore, the most amount she should invest is $2,000,000.
Answer:
16199.999999995
Step-by-step explanation:
Answer:
3
Step-by-step explanation:
Use the Pythagorean Theorem.
=+
1369=+100
-100 -100
1269=
=
3=x
Step-by-step explanation:
2t+7=-1
subtract 7 from both sides
2t=-8
divide by 2
t= -4
Answer:
8 weeks
Step-by-step explanation:
Given Valerie want's to buy a backpack which costs $57.65
Also given that she saves $7.25 a week
Let the number of weeks she saves the money be x
For her to buy the backpack the following inequality should be satisfied
amount saved > cost of the item
The amount saved =
7.25x > 57.65
x > 7.95
Since x is an integer we have x = 8
Therefore she has to save 8 weeks to buy the item