John’s average annual income over a 4-year period was $25,000. What would John’s average annual income have to be for the next 3 years so that his average annual income over the 7-year period would be $50,000? Solve this problem in two differ-ent ways, and explain your solutions.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 63SE: You inherit one million dollars. You invest it all in three accounts for one year. The first account...
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John’s average annual income over a 4-year period was $25,000. What would John’s average annual income have to be for the next 3 years so that his average annual income over the 7-year period would be $50,000? Solve this problem in two differ-ent ways, and explain your solutions.

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