$390 is the interest will Charlie’s initial investment earn over the 15-year period. The money does Charlie have after the 15 years is $715.
<u>Step-by-step explanation:</u>
Harlie invests $325 in an account.
- Principal, P = $325
- Interest rate, r = 8% ⇒ 0.08
- Number of years, t = 15
<u>The formula to find the interest will Charlie’s initial investment earn over the 15-year period :</u>
⇒ 
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⇒ 
⇒ 
Therefore, $390 is the interest will Charlie’s initial investment earn over the 15-year period.
<u>Money Charlie has after 15 years :</u>
It is given by the formula,
⇒ Amount = Principal + Interest.
⇒ 325 + 390
⇒ 715 dollars.
∴ The money does Charlie have after the 15 years is $715.
Here you are giving only the amount they want to raise (namely profit times number of magazines sold), and here you are also giving Money they want to raise... So clarifying, the money they want to raise, should include the money they will spend on buying the magazines (there is no statement saying they found them, or were given the magazines, so a cost should be involved)
Now if they are only making the count of "Field trip costs X amount of money, and given we have to make a profit of $5.5, How many must we sell?" then the equation should be n=X/5.5
Should the story be, how much money must they raise to have a profit of 5.5 on each magazine and still have enough for the field trip, then you have a different equation which varies only in adding the cost of each magazine, either case, M should be defined not as money they need to raise (cause here they will be short on their goal) but Money they must earn. And again, you should rewrite your equation to be:
M=Amount they must raise
C=Cost per magazine
n=Number of magazines
p=profit $5.5 per magazine
C+p=M/n
And rewriting the previous they should make:
n(C+p)=M -----> n(C+5.5)=M <span>m/n = 5.50 </span>
<span>m/n x n = 5.50 x n //// multiply each side by n </span>
<span>m = 5.5n</span>
Answer:
Step-by-step explanation:
Median: 73.5
:Answer:
1.) The majority of drivers, about 62 percent, plan to buy a used vehicle next.
3.) Ten percent of drivers lease their current vehicle.
5.) The least percentage of people will lease their next car.
Correct on EDGE2021
4c+3=15
You need to get rid of the 3
So you minus it from each side so you
4c=12
12/4=3
So c =3
