Which situation can be represented by this inequality? 120 ≤ 12k + 29 A. Felicia has 12 buttons in her collection. She will coll
ect 29 new buttons every year. Felicia collects buttons for k years. For what values of k will Felicia have at least 120 buttons? B. Felicia has 29 buttons in her collection. She will collect 12 new buttons every year. Felicia collects buttons for k years. For what values of k will Felicia have at least 120 buttons? C. Felicia has 29 buttons in her collection. She will collect 12 new buttons every year. Felicia collects buttons for k years. For what values of k will Felicia have at most 120 buttons? D. Felicia has 12 buttons in her collection. She will collect 29 new buttons every year. Felicia collects buttons for k years. For what values of k will Felicia have at most 120 buttons?
The interest due on the first payment is .. I = Prt .. I = 110,000*.055*(1/12) .. I = 504.17
Then the decrease in principal resulting from the first payment is .. 568.00 -504.17 = 63.83 and the new balance is .. $110,000.00 -63.83 = $109,936.17