Mathematics, 11.04.2021 06:10 Amyra2003
4.
George went on a game show and won $60,000. He wanted to invest it and found two funds that he liked. Fund
250 earns 15% interest annually, and Fund 100 earns 8% interest annually. George does not want to earn more
than $7,500 in interest income this year. He made the table below to show how he could invest the money.
I
P
r
t
Fund 100
x
0.08
1
Fund 250
60,000 -- *
0.15
1
Total
7,500
60,000
a.
b.
C.
Explain what value x is in this situation
Explain what the expression 60,000 - x represents in this situation.
Using the simple interest formula, complete the table for the amount of interest earned.
Write an inequality to show the total amount of interest earned from both funds.
Use algebraic properties to solve for x and the principal, in dollars, George could invest in Fund 100. Show
d
e.
your work.
f.
Use your answer from part (e) to determine how much George could invest in Fund 250.
Using your answers to parts (e) and (6), how much interest would George earn from each fund?
8
Anyone know? No
Answers: 3
Mathematics, 21.06.2019 12:50, tifftiff22
Radii ok and nl are perpendicular to om because of the radius-tangent theorem. by definition of perpendicular, angles kom and lnm are right angles. this means that triangles kom and lnm are right triangles. angle lmn is common to both right triangles, so by the triangles kom and lnm are similar.
Answers: 2
4.
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