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21 December, 02:35

Uncle sammy invests money on stocks and makes 7 to 13 percent the range of money Uncle sammy will make if he invests his next paycheck of $2,300. express the solution set in set notation and interval notation.

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  1. 21 December, 04:54
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    So we are given an increase of 7% to 13%, so we multiply the capital with 1.07 and 1.13. So the range is:

    minimum = $2,300 * 1.07 = $2,461

    maximum = $2,300 * 1.13 = $2,599

    The set notation is:

    interest, X = {7%, 13%}

    money, Y = {$2461, $2599}

    The interval notation is:

    [$2461, $2599]
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