Janeen plans to deposit $20,000 at the end of each year for 8 years into an investment account. The mutual fund containing stocks would continue to yield 6% per year. Find the future value.

960

Step-by-step explanation:

I=? P=2000 R=6*1/100=6/100

T=8

I= P*R*T

2000*8*6/100=960

d

e

Step-by-step explanation:

2x ≤ 5x - 15

step 1 subtract 5x from each side

2x - 5x = -3x

5x - 5x cancels out

we now have -3x ≤ -15

step 2 divide each side by -3

-3x / -3 = x

-15 / -3 = 5

IMPORTANT NOTE ( when you divide by a negative number you must flip the sign )

We would be left with x ≥ 5

now let's Plug in 10

2(10) ≤ 5(10) - 15

2(10) = 20

20 ≤ 5(10) - 15

5(10) = 50

20 ≤ 50 - 15

50 - 15 = 35

20 ≤ 35 ✓