So (2x+5) and (x+55) are equal to each other, so
2x+5 = x+55
x+5 = 55
x = 50
Answer:
$595,808.11
Step-by-step explanation:
We assume the retirement account is intended to pay out $5000 per month for 25 years. The amortization formula can be used to find the required amount. The monthly payment A based on principal P with interest at annual rate r for t years satisfies the relation ...
A = P(r/12)/(1 -(1 +r/12)^(-rt))
P = A(12/r)(1 -(1 +r/12)^(-rt))
P = 5000(12/0.09)(1 -(1 +.09/12)^-300)
P = $595,808.11
The required nest egg is $595,808.11.
First rewrite into 2 inequalities,
Solve each of the inequalities,
So our x is between -2 and 9 which can be written as,
or as an interval,
Hope this helps :)
Answer:
for the first one ‘x‘: x = -3/2 y -3
for the first one ‘y’: y = -2/3x-2
for the second one ‘x’: x= 2/3 y + -22/3
for the second one ’y’: y = 3/2 x + 11
Step-by-step explanation:
