Mrs Galicia gave her sisters $3000 each to invest. The investment will last 8 years. The table shows what each sister did with t
heir investment and how it changed over 8 years. Use the chart to answer the following questions please
1. What is the balance of Michelle's $3000 after 8 years?
2. What is the balance of Kristen's $3000 after 8 years?
3. What is the balance of Gabriella's $3000 after 8 years?
4. What is the balance of Judy's $3000 after 8 years?
5. Who has the most money at the end of the 8 years? If i were to choose one of the options to use for my own money, which option should I choose?
1. What is the balance of Michelle's $3000 after 8 years?
2. What is the balance of Kristen's $3000 after 8 years?
3. What is the balance of Gabriella's $3000 after 8 years?
4. What is the balance of Judy's $3000 after 8 years?
5. Who has the most money at the end of the 8 years? If i were to choose one of the options to use for my own money, which option should I choose?
1 answer:
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To better understand the problem see the attached figure
we have
Multiply by both sides
Group terms that contain the same variable p and move the constant to the other side of the equation
