Your bank offers a 10-year certificate of deposit (cd) that pays 6.5% interest, compounded annually. if you invest $2,000 in the
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<h2><u>EQUATION</u></h2><h3>Exercise</h3>
2(3 + 3y) + y = 11
First, apply the distributive property:
2(3 + 3y) + y = 11
6 + 6y + y = 11
6 + 7y = 11
Substract 6 from both sides:
6 - 6 + 7y = 11 - 6
7y = 5
Divide both sides by 7: