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Answer: BSet 3: Linear Inequalities (Advanced)
Explanation
PROBLEM
An investment returns at least 8 percent. If investing $5000, minimum return?
An investment returns at least 8 percent. If investing $5000, minimum return?
A.
300
B.✓ Correct
400
C.
350
D.
450
Detailed Explanation
Choice B is the best answer. 0.08 times 5000 = 400
Why others are wrong:
A: 300 is incorrect because it does not satisfy the equation.
C: 350 is incorrect because it does not satisfy the equation.
D: 450 is incorrect because it does not satisfy the equation.