Answer:
Exact form : x=6/5
Decimal form : x=1.2
Mixed Number form : x=1 1/5
Step-by-step explanation: Solve for x by simplifying both sides of he equation, then isolating the variable.
Hope this helps you out! ☺
Answer:
$1343
Step-by-step explanation:
The equation would be
x= 1580 (1-0.15)
x represents how much he actually pays.
1-0.15=0.85.
1580×0.85=1343
Answer:
Future Value= $5,886.13
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,425
Number of periods (n)= 1 year
Interest rate (i)= 8.5% = 0.085
<u>To calculate the future value after one year, we need to use the following formula:</u>
<u></u>
FV= PV*(1+i)^n
FV= 5,425*(1.085^1)
FV= $5,886.13