Tameka is seeking a loan with a simple interest rate of 8% per year. If she borrows $5,000, how much interest will she be charge
1 answer:
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For this case we have the following inequality:
To solve we have:
Subtracting 6 from both sides of the equation:
Thus, the solution is given by all values of r greater than or equal to 5.
Answer:
The solution is given by all values of r greater than or equal to 5.