How long will it take for a $2000 investment to grow to $3178 at an annual rate of 8.6%, compounded semiannually? Assume that no
1 answer:
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Answer:
The inequality 7.50c - 350 ≥ 700 can be used.
Step-by-step explanation:
Given that:
Amount spent on materials = $350
Amount the council needs to earn = $700
Selling price per corsage = $7.50
Number of corsages sold = c
Selling price per corsage * Number of corsages sold - amount spent on materials ≥ amount needs to be earned
Hence,
The inequality 7.50c - 350 ≥ 700 can be used.