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kherson [118]
3 years ago
15

Ralph is arranging a wedding reception. He can spend no more than $8000. It costs $6000 to rent the hall and $25 to feed each gu

est. Ralph needs to know how many guests, at most, can attend the reception. Write an inequality to represent this situation.
Mathematics
1 answer:
BlackZzzverrR [31]3 years ago
8 0

Answer:  

80 ≥ x

Step-by-step explanation:

So we know that he cannot spend more than $8000.

So we subtract 6000 from 8000

8000 - 6000 =2000

So that means<em> $2000 to feed each guest</em>

<em />

<em>We then divide the amount of money we have left by how much it costs to feed each guest.</em>

<em>2000÷25=80</em>

<em>So at most 80 guests will be able to attend. I'll use x to represent the amount of people that will attend the reception.</em>

<em>So </em><em>80 ≥ x</em>

If I am wrong please comment so that I can fix it.

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Answer:

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Step-by-step explanation:

The future value can be computed using the formula for an annuity due. It can also be found using any of a variety of calculators, apps, or spreadsheets.

__

<h3>formula</h3>

The formula for the value of an annuity due with payment P, interest rate r, compounded n times per year for t years is ...

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<h3>calculator</h3>

The attached calculator screenshot shows the same result. The calculator needs to have the begin/end flag set to "begin" for the annuity due calculation.

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<h3>a) </h3>

The future value of the annuity due is $66,184.15.

<h3>b)</h3>

The total interest earned is the difference between the total of deposits and the future value:

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A total of $6,184.15 in interest was earned by the annuity.

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