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Artyom0805 [142]
3 years ago
11

louie has $1,000 and wants it to grew to $5,000 in 10 years,what compound interest rate does he need?

Mathematics
1 answer:
elena55 [62]3 years ago
8 0

Answer:

All you have to do is multiply 5000 by .025 to find that she earns $125. Next, you multiply 125 by 7 and find that she earns $875!

Step-by-step explanation:

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George bought socks for "$"300 and planned to sell them for $6 a pair. write an inequality to find the minimum number of socks h
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The inequality <u>6s - 300 > 210</u> represents the minimum number of socks (s) when George bought socks for "$"300 and planned to sell them for $6 a pair, and want to make a profit of more than 210.

In the question, we are given that George bought socks for $300.

Therefore, George's total cost = $300.

We assume the number of pairs of socks George sells to be s.

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We know that the profit over a transaction is given as the difference between sales and costs, that is,

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or, profit = 6s - 300.

In the question, we are required to make a profit of more than 210.

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6s - 300 > 210.

Thus, the inequality <u>6s - 300 > 210</u> represents the minimum number of socks (s) when George bought socks for "$"300 and planned to sell them for $6 a pair, and want to make a profit of more than 210.

Learn more about inequalities at

brainly.com/question/24372553

#SPJ4

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