This week, Michael collected $468 for delivering newspapers. He had 40 repeat customers and 18 new ones. As an incentive, he cha
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Given problem;
Inequality equation;
< 6
Before we solve, let us first translate this problem.
It simply states that for what value(s) of x will the expression be less than 6.
To find this value, we can simply carry out the normal mathematical simplification.
Simply multiply both sides by 16 to reduce the fraction;
16 x () < 6 x 16
On the left hand side, 16 will cancel out;
x < 96
Any value for which x is less than 96 will make the solution of this problem less than 6.
For example, 95;
= 5.93
This value is less than 6
Answer:
The amount invested in the mutual fund that earned 5% was $1,000
The amount invested in the mutual fund that earned 3% was $1,800
Step-by-step explanation:
Let
x ----> the amount invested in the mutual fund that earned 5%
y ----> the amount invested in the mutual fund that earned 3%
we know that
---->
----> equation A
----> equation B
Solve the system by substitution
substitute equation A in equation B
Solve for x
<em>Find the value of y</em>
therefore
The amount invested in the mutual fund that earned 5% was $1,000 and the amount invested in the mutual fund that earned 3% was $1,800