If you need $3,000 four years from now, how much would you need to deposit into an account that earns 5% interest, compounded annually? $

2468.11 dollars

Step-by-step explanation:

Amount that should be available after four years =3000 $

Interest rate = 5%

No of years =4

Let P be the principal invested

Then

Hence 2468.11 dollars should be deposited to get 3000 dollars after 4 years at 5% interest.

both equations and proportions are better.

x > 1.3

step by step:

8.5−0.9x> 9.8−1.9x

step 1: simplify both sides of the inequality.

−0.9x+8.5> −1.9x+9.8

step 2: add 1.9x to both sides.

−0.9x+8.5+1.9x> −1.9x+9.8+1.9x

1x+8.5> 9.8

step 3: subtract 8.5 from both sides.

1x+8.5−8.5> 9.8−8.5

1x> 1.3

step 4: divide both sides by 1.

1x/1 > 1.3/1