Answer:
Future Value= $17,170.12
Step-by-step explanation:
Giving the following information:
Monthly deposit (A)= $70
Interest rate (i)= 0.04/12= 0.0033
Number of periods (n)= 15*12= 180 months
<u>To calculate the future value (amount saved), we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {70*[(1.0033^180) - 1]} / 0.0033
FV= $17,170.12
This is the steps for equation solving for the value of x,
x/3-7 = 11
now 7 goes to the other side of equation by changing the sign from - to +,
x/3 = 11 + 7
x/3 = 18
now when we multiply both sides of equation with 3 or 3 goes to the other side of equation and multiply with 18 leaving x alone here for finding the value of x,
and we get, x = 54
at the end of equation we get x = 54, if the equation was in the form 3x - 7 = 11, then we will get x = 6
Answer:
what about 4
Step-by-step explanation:
move the 3 to the 7 side. it will become negative.
9x-5x=7-3
4x=4
x=1