Describe the situation with a linear inequality and then solve the inequality.David has $14,000 to invest. He invests $9000 in a mutual fund that pays 12% annual simple interest. If he wants to make at least $2200 in yearly interest, at what minimum rate does the remainder of the money need to be invested?

A. 21.4%
B. 22.4%
C. 24.4%
D. 20.4%


Answer: B

Mathematics

You might also like to view...

Simplify the expression. The result will be one of sin x, cos x, tan x, cot x, sec x, csc x. - cos x

A. cos x B. tan x C. csc x D. cot x

Mathematics

Convert to decimal notation.4.0315 × 10-7

A. 0.0000040315 B. 0.00000040315 C. 0.000000040315 D. -403,150,000

Mathematics

Sketch the graph of the linear equation. Label the coordinates of the y-intercept and the x-intercept.y = -2x + 3

What will be an ideal response?

Mathematics

Use a graphing utility to graph the curve defined by the given parametric equations.x = t + 2, y = 3t - 1; 0 ? t ? 3

A.

B.

C.

D.

Mathematics