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Amy has $1,000 in a savings account at the beginning of the fall. She wants to have at least $500 in the account by the end of t

LuckyWell [14K]

Answer:

D. $1000 - 100w \geq 500; w \leq 5$

Step-by-step explanation:

Given:

Initial amount in the bank = $1000

Money withdrawn each week = $100

Final amount should be at least $500.

Now, let the number of weeks the money is withdrawn be 'w'.

Therefore,

Money withdrawn in 'w' weeks = $\textrm{Money withdrawn each week}\times w$

Total Money withdrawn in 'w' weeks = $100w$

Now, final amount after 'w' weeks is equal to the difference between initial amount and total withdrawal amount. Therefore,

Final amount = Initial amount - Total withdrawal amount

Final amount = $1000 - 100w$

Now, final amount must be greater than or equal to $500. So,

$\textrm{Final amount}\geq500\\\\1000-100w\geq500$

Therefore, the inequality that represents the inequality for the number of weeks Amy can withdraw money is:

$1000-100w\geq500$

Now, let us solve for 'w'.

Adding -500 and 100w both sides, we get:

$1000-500-100w+100w\geq500-500+100w\\\\500\geq100w\\\\\textrm{The above inequality is reversed when taking 100w on the left side}\\\\100w\leq500\\\\w\leq\frac{500}{100}\\\\\therefore w\leq5$

Therefore, the correct option is (D).

7 0

3 years ago

The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate.

Paul [167]

Answer:

A) Amount in the account after 3 years = $ 7, 883.14

B) Interest earned = $ 883.14

Step-by-step explanation:

The formula to be used is given as

A = P ( 1 + r/n)^nt

A = final amount

P = initial principal balance

r = interest rate

n = number of times interest applied per time period

t = number of time periods elapsed

In the question we are given the following values :

A = final amount = Unknown

P = initial principal balance = $7,000

r = interest rate = 4% = 0.04

n = number of times interest applied per time period = semi annually , n= 2

t = number of time periods elapsed = 3 years

A) Find how much money there will be in the account after the given number of years.

A = P ( 1 + r/n)^nt

A = $7,000 (1 + 0.04/2)²×³

A = $7,000( 1+ 0.04/2)⁶

A = $7,000( 1.02)⁶

A = $ 7,883.14

The amount in the account after 3 years = $ 7,883.14

B. Find the interest earned.

To find the interest earned, we use the formula

A = P + I where

P (principal) = $ 7,000.00

A (Amount after 3 years) = $ 7,883.14

I = A - P

I = $ 7,883.14 - $ 7,000.00

I =$ 883.14

The interest earned = $ 883.14

8 0

2 years ago

X + y2 = 25 x + 3y = 33

Advocard [28]

Are these 2 different questions or is this one equation

7 0

2 years ago

What is the length of missing side b in the figure below?

Anna11 [10]

According to the theory
b^2 = (13)^2 - (7)^2
b^2 = 169 - 49 = 120
b= root(120)
b= 10.95 cm

4 0

3 years ago

Read 2 more answers

Which description is correct for the polynomial 2x² + 2?

Blizzard [7]

Answer:

The polynomial is a quadratic binomial

Step-by-step explanation:

we have

$2x^{2}+2$

Classify the polynomial

<u>By the number of terms</u>

we know that

A polynomial with two terms is a binomial

<u>By the Degree of a Polynomial</u>

we know that

The degree of a polynomial is calculated by finding the largest exponent in the polynomial

In the given problem the largest exponent is $2$

so

Is a quadratic equation

therefore

The polynomial is a quadratic binomial

6 0

3 years ago

Read 2 more answers