Answer:
The solution is r <u>></u> 7.
Closed circle at 7 with an arrow pointing to the right
Step-by-step explanation:
Answer:
$1500
6% interest
use the formula...
P(1+(r/100))^n
where P=initial amount
r=interest rate
t=time period elapsed
so ... for 5 years we get
$1500(1+(6/100))^5 = $1500(1.06)^5 = 2007.3383664
for 10 years
1500(1.06)^10 = 2686.271544814228043264
468 months = 39 years
1500(1.06)^39=14555.261231781943250017719606544
11%=11/100
11/100=22/x
we have to solve for x now
11x=2200 divide by 11 both side
x=200
that the answer
Let x = amount of sales (in dollars)
The salary is $400 and there's an additional 0.06x dollars added on to get to the goal of 790. The equation is therefore
<span>400+0.06x = 790
</span>
Let's solve for x
400+0.06x = 790
<span>400+0.06x-400 = 790-400
</span>0.06x = 390
0.06x/0.06 = 390/0.06
x = 6500
The final answer is 6500
This means he must have $6,500 in sales.
