Compound inequality:
a<2.5n<2.5<52.
37<2.5n<52
Divide by 2.5:
14.8M<n<20.8M.
In addition to using its own capital reserves for the development, Pinecrest Enterprises must have access to a line of credit. Robert, the manager of the local bank, is concerned about Pinecrest’s existing debt. The total debt is $72 million. Joe, Pinecrest’s CEO, believes the company can reduce the existing debt by $2.5 million per month. Robert indicates that the company can receive additional credit if its debt has been reduced to between $37 million and $52 million.
What is the range for the number n of monthly payments that correspond to this target? When writing your answer as an inequality in the form a less or equal than n less or equal than b, what are the values of a and b?
4 answers
Correction:
a<2.5n<b.
37<2.5n<52
Divide by 2.5:
14.8M<n<20.8M.
a<2.5n<b.
37<2.5n<52
Divide by 2.5:
14.8M<n<20.8M.
What is the value of a & b? I don’t understand.
37<2.5n<52.
14.8<n<20.8.
So the compound inequality states that the number of monthly payments(n) is greater than 14.8 but less than 20.8.
a = 14.8(15).
b = 20.8(21).
14.8<n<20.8.
So the compound inequality states that the number of monthly payments(n) is greater than 14.8 but less than 20.8.
a = 14.8(15).
b = 20.8(21).