Answer: 5
Step-by-step explanation: Let's go over a little algebra terminology.
The number in front of your variable is called your coefficient and a variable is just a letter that represents any number.
So here, your coefficient is 5 since it appears in front of the variable, x.
Answer: $7,605
Step-by-step explanation:
At the end of 1 years, the amount in the account will be:
= Principal * (1 + rate)^ no. of periods
= 6,500 * (1 + 17%)
= $7,605
