) a) i) Calculate the simple interest earned on a investment of $ 400,000 after 12 years at a rate of 3.5 %. ii) Calculate the time needed on an investment of $400,000 to gained an interest of $60,000 if the interest rate is 3%. b) 3 burgers and 2 drinks cost $35.00 2 burgers and 1 drink cost $22.00 What is the cost of each item?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
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3) a) i) Calculate the simple interest earned on a investment of $ 400,000 after 12 years at a rate of 3.5 %.


ii) Calculate the time needed on an investment of $400,000 to gained an interest of $60,000 if the interest rate is 3%.


b) 3 burgers and 2 drinks cost $35.00

2 burgers and 1 drink cost $22.00

What is the cost of each item?


4) a) 12 samples of different pastries are on display as customers leave a bakery, they are told that they can choose any 5 samples.
How many different selections can a customer make? 


b) The following day 4 drink samples are add and customers are told that they can take 4 pastries samples and 2 drink samples. How many different selections does the customer now make?

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