The future value of $3000 invested for 3 years at rate r, compounded annually, is given by S= 3000(1 + r). Find the rate r that gives a future value from $8232 to $12,288, inclusive. Solve the inequality for r. Select the correct choice below and fill in any answer boxes to complete your choice. O A. The solutions are the values of r in the interval (Type your answer in interval notation.) OB. The solution(s) is/are r= (Use a comma to separate answers as needed.) O C. There is no solution.
Unitary Method
The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products.
Speed, Time, and Distance
Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.
Profit and Loss
The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.
Units and Measurements
Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.
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The future value of $3000 invested for 3 years at rate r, compounded annually, is given by S=3000(1 +r). Find the rate r that gives a future value from $8232 to
$12,288, inclusive.
3.
Solve the inequality for r. Select the correct choice below and fill in any answer boxes to complete your choice.
O A. The solutions are the values of r in the interval
(lype your answer in interval notation.)
O B. The solution(s) is/are r=
(Use a comma to separate answers as needed.)
O C. There is no solution.
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