8
lesson pretestMultiple Choice

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Question 8 • Financial Math

The estimated value of an investment property is $⁢174,650 One investment plan suggests maintaining the current course of action as long as the change in value is no more than 5% above or below the estimated value. Let x be the estimated value at any time in the future. Which absolute value inequality represents all the values at which the plan maintains the current course of action?

Answer
A
start absolute value x plus 174 comma 650 end absolute value is greater than or equal to 8 comma 732 point 5 0
B
start absolute value x minus 174 comma 650 end absolute value is less than or equal to 8 comma 732 point 5 0
C
start absolute value x plus 174 comma 650 end absolute value is less than or equal to 8 comma 732 point 5 0
D
start absolute value x minus 174 comma 650 end absolute value is greater than or equal to 8 comma 732 point 5 0
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