When we <em>divide </em>both sides of the <em>inequality</em>,
3x > 27 by 3, <em>3x(3) > 27(3)</em>
we get x > 9, as the <em>simplified form </em>of the<em> inequality.</em>
Thus, giving us the answer of:
<em>x > 9</em>
The amount to be invested today so as to have $12,500 in 12 years is $6,480.37.
The amount that would be in my account in 13 years is $44,707.37.
The amount I need to deposit now is $546.64.
<h3>How much should be invested today?</h3>
The amount to be invested today = future value / (1 + r)^nm
Where:
- r = interest rate = 5.5 / 365 = 0.015%
- m = number of compounding = 365
- n = number of years = 12
12500 / (1.00015)^(12 x 365) = $6,480.37
<h3>What is the future value of the account at the end of 13 years?</h3>
Future value = monthly deposits x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 5.3 / 12 = 0.44%
- n = 13 x 12 = 156
200 x [{(1.0044^156) - 1} / 0.0044] = $44,707.37
<h3>What should be the monthly deposit?</h3>
Monthly deposit = future value / annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = 6.7 / 12 = 0.56%
- n = 2 x 12 = 24
$14,000 / [{(1.0056^24) - 1} / 0.0056] = $546.64
To learn more about annuities, please check: brainly.com/question/24108530
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Since she has $6 off for all the pizzas, she can get 10 pizzas with a $6 discount.
She would save $6 since, she has the discount and she would still have something left so she could buy something more if she wished to.
The value of x⁴ is equal to 79.8006702
1.81818181 rounded to the nearest hundred is 1.82
