Given:
The sum of 8 and B is greater than 22.
To find:
The inequality for the given statement and its solution.
Solution:
We know that, sum of two number is the addition of two numbers.
Sum of 8 and B = 8+B
It is given that, the sum of 8 and B is greater than 22.
Subtracting 8 from both sides, we get
Therefore, the required inequality for the given statement is and the solution is
.
Answer:
The total amount due after five years is $57,000.
Step-by-step explanation:
Recall that simple interest is given by the formula:
Where <em>A</em> is the final amount, <em>P</em> is the principal amount, <em>r</em> is the rate, and <em>t</em> is the time (in years).
Since we are investing a principal amount of $38,000 at a rate of 10.0% for five years, <em>P</em> = 38000, <em>r</em> = 0.1, and <em>t</em> = 5. Substitute:
Evaluate. Hence:
The total amount due after five years is $57,000.