Algebra and Trigonometry (6th Edition)
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN: 9780134463216
Author: Robert F. Blitzer
Publisher: PEARSON
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I have $8000 to invest, and I want to choose between one investment at 4.75% and a second
investment at 12.5%. If I invest x dollars in the first investment at 4.75%, write an expression
for how much interest I will accrue in 6 years from these two investments.
I = 1,000+ 0.0775x
1 = 6,000
1 = 6,000 - 0.465x
I= 6,000+ 0.465x
I = 1,000 - 0.0775x
O I = 1,000
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Transcribed Image Text:I have $8000 to invest, and I want to choose between one investment at 4.75% and a second investment at 12.5%. If I invest x dollars in the first investment at 4.75%, write an expression for how much interest I will accrue in 6 years from these two investments. I = 1,000+ 0.0775x 1 = 6,000 1 = 6,000 - 0.465x I= 6,000+ 0.465x I = 1,000 - 0.0775x O I = 1,000
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