Question

PLEASE HELP!

5. Len plans to invest money he has saved so that he can earn $100 interest in one year. He will deposit some of his money in an account that
pays 4%/year. He will use the rest of his money to buy a one-year GIC that pays 5%/year.
a) Write an equation for Len's situation, anddraw a graph.
b) Suppose that Len buys a GIC for $1500.
Use your graph to determine how much
he would need to put in the account.
c) Suppose that Len deposits $2200 in the account. Determine how much he would need for the GIC.​

Answer 1

a little over 31hours

Explanation:

Answer 2

Explanation:

Answer from:

answer:

a little over 31hours

step-by-step explanation:

use simple proportion

58miles = 1hr

1805miles = ?

(1805x1)/58 = 31.12hrs

since the question asks you for an estimation, it should be fine to say a little over 31hours but do show full working and the accurate answer