Interest paid after 30 years is $494,546.99.
Solution:
Principal (P) = $195,000
Interest rate (r) = 4.3%
Time (t) = 30 years
n = number of times interest calculated per year
n = 1
Compound interest formula:
where A is the final amount
A = 689546.99
Interest = Amount - Principal
= 689546.99 - 195000
= 494546.99
Interest paid after 30 years is $494,546.99.
Answer:
Option A is the correct choice.
Step-by-step explanation:
Let d be the number of boxes of duck calls and t be the number of boxes of turkey calls.
We have been given that a company sells boxes of duck calls for $35 and boxes of turkey calls (t) for $45, so the revenue earned from selling d boxes of duck and t boxes of turkey call will be 35d and 45t respectively.
Further, the company plan to make $300. We can represent this information as:
We are also told that they make batches of duck calls that fill 6 boxes and batches of turkey calls that fill 8 boxes. the company only has 42 boxes. We can represent this information as:
Therefore, our desired system of equation will be:
<u>Answer:</u>
<u>Step-by-step explanation:</u>
A inequality is given to us and we need to find the solution set. So the given inequality to us is ,