The second one is the write answer
No.
4p - 5 = 16
Isolate the variable and the constant.
4p = 21
p = 21/4
3x - 4 + 1 = -2x - 5 + 5x
First, simplify 3x - 4 + 1 to 3x - 3. / Your problem should look like: 3x - 3 = -3x - 5 + 5x
Second, simplify -2x - 5 + 5x to 3x - 5. / Your problem should look like: 3x - 3 = 3x - 5
Third, cancel 3x on both sides. / Your problem should look like: -3 = -5
Fourth, since -3 = -5 is false, there is no solution.
Answer: No solution
The answer is indeed 3,725.90. The reason why is because <span>with each adjustment, you take the remaining balance and calculate a fixed rate loan for the remaining time period at the new rate. When you follow that procedure with the data you already have, you get that answer.</span>