2) Jim invested $4,000 in a bond at a yearly rate of 4.5%. He earned $540 in interest.
1 answer:
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Answer:
After 5 weeks.
Step-by-step explanation:
Westley starts with $85 and saves $5 per week. So:
Buttercup starts with $10 and saves $20 per week. So:
When they have the same amount of money, the two equations will be equal to each other. Therefore:
Solve for x. Subtract 10 from both sides:
Subtract 5x from both sides:
Divide both sides by 15:
Westley and Buttercup will have the same amount of money after 5 weeks.