Alizeh invests $10,000 in an actively managed mutual fund that has an annual expense ratio of 1.3%. The investment earns a 7% rate of return. How much did she make in one year on her investment with the 7% rate of return? How much does she pay in fees for her actively managed mutual fund? At the end of the year, what’s the total value (AFTER FEES) of Alizeh’s mutual fund?

21

step-by-step explanation:

11279

x ≥ 18 is your answer

step-by-step explanation:

let "a number" = x

(2/3)x + 17 ≥ 29

isolate the variable (x). do the opposite of pemdas (parenthesis, exponent (& root), multiplication, division, addition, subtraction).

first, subtract 17 from both sides.

(2/3)x + 17 (-17) ≥ 29 (-17)

(2/3)x ≥ 29 - 17

(2/3)x ≥ 12

next, multiply 3/2 to both sides to isolate the x

(3/2)(2/3)x ≥ 12(3/2)

x ≥ 12(3/2)

simplify. multiply, then divide

x ≥ (12 * 3)/2

x ≥ (36)/2

x ≥ 18

x ≥ 18 is your answer

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