Lila plans to open an account with a deposit of $12,000. She plans to invest the money for 8 years in one of the following accounts: An account that pays an annual simple interest of 7.5%, or
An account that pays 6% interest compounded annually.
If Lila invests in the account that will earn her more interest over these 8 years, how much interest will she earn?

mxb67

step-by-step explanation:

x ≥ 18 is your answer

step-by-step explanation:

let "a number" = x

(2/3)x + 17 ≥ 29

isolate the variable (x). do the opposite of pemdas (parenthesis, exponent (& root), multiplication, division, addition, subtraction).

first, subtract 17 from both sides.

(2/3)x + 17 (-17) ≥ 29 (-17)

(2/3)x ≥ 29 - 17

(2/3)x ≥ 12

next, multiply 3/2 to both sides to isolate the x

(3/2)(2/3)x ≥ 12(3/2)

x ≥ 12(3/2)

simplify. multiply, then divide

x ≥ (12 * 3)/2

x ≥ (36)/2

x ≥ 18

x ≥ 18 is your answer

~

$5.41

step-by-step explanation:

$20 - $14.51 = $5.49.