If inflation is 4% a year compounded annually, what will it cost in 20 years to buy a house currently valued at $75,000.00?
1 answer:
You might be interested in
Answer:
no solution
Step-by-step explanation:
6y≥42
Divide each side by 6
6y/6≥42/6
y≥7
Then solve the second one
4y+12≤0
Subtract 12 from each side
4y+12-12≤0-12
4y ≤-12
Divide each side by 4
4y/4 ≤-12/4
y ≤-3
There is no solution since there is no overlap
