Jerry pays $1.40 per gallon for premium gasoline. He spends $16.80 and wants
1 answer:
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Answer:
$507.30
Step-by-step explanation:
-Given the monthly deposits are $425 and the interest rate is 3.5% for 30 years.
-The amount of the investment after 30 years is calculated as;
-Assuming Saul started saving at age 20, his investment term will be 40 yrs.
-His investment amount is thus:
#We subtract to find how much more he would have if he started saving at 20;
Hence, Saul would have $507.30 more had he started saving 10 years earlier.
Given:
The fees for a day student are $600 a term.
The fees for a boarding student are $1200 a term.
The school needs at least $720000 a term.
To show:
That the given information can be written as .
Solution:
Let x be the number of day students and y be the number of boarding students.
The fees for a day student are a term.
So, the fees for day students are
a term.
The fees for a boarding student are a term.
The fees for boarding student are
a term.
Total fees for day students and
boarding student is:
The school needs at least $720000 a term. It means, total fees must be greater than or equal to $720000.
Divide both sides by 600.
Hence proved.