Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
Answer:
w > 9
Step-by-step explanation:
Solve the inequality by using inverse operations.
-4w - 2 < -38
-4w < -36
w > 9
Like solving equations, inequalities should be solved using inverse operations. However, unlike equations, when you divide or multiply by a negative the sign changes.
Answer:
its D
Step-by-step explanation:
Answer:
Table, Formula
Step-by-step explanation:
Answer: the first option is the correct answer.
Step-by-step explanation:
Let x represent the number of necklaces that he makes in a year.
Profit = Revenue - cost
The cost of making each necklace is $5. In making necklaces in a year, the fixed cost is $5000. This means that the total cost of making x necklaces in a year is
5x + 5000
Sam sells each necklace for $10 each. This means that the total amount made from selling x necklaces is $10x.
For Sam to make profit of $1000 in a year, the number of necklaces that she must sell would be
1000 = 10x - (5x + 5000)
1000 = 10x - 5x - 5000
10x - 5x = 1000 + 5000
5x = 6000
x = 6000/5
x = 1200
