What's the present value of $9,500 discounted back 5 years if the appropriate interest rate is 4.5%, compounded semiannually?
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Inequalities help us to compare two unequal expressions. There exists no solution to the given set of inequalities.
<h3>What are inequalities?</h3>Inequalities help us to compare two unequal expressions. Also, it helps us to compare the non-equal expressions so that an equation can be formed. It is mostly denoted by the symbol <, >, ≤, and ≥.
The given Inequalities can be solved as,
5 - x > 7
-x > 7 - 5
-x > 2
x < -2
2x + 3 ≥ 13
2x ≥ 10
x ≥ 5
As per the solution of the two inequalities, the value of x should be less than -2 but at the same time, it should be more than or equal to 5, which is impossible. Thus, there is no solution for the given inequalities.
This can be confirmed by graphing the two inequalities, as shown below. Since there is no area in common between the two inequalities, there exists no solution to the given set of inequalities.
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