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Solve for x | Solution and Explanation </h2>
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Hello! So...
We are given the following:
Solve for x.

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1. Group the like terms.
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2. Add similar elements (
).
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3. Subtract 23 from both sides.
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4. Simplify.
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5. Divide both sides by 4.
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6. Simplify.
(aka. Option A)
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Hope this helps!
Darryl:
Answer:
A = $1,905.00
(I = A - P = $405.00)
Equation:
A = P(1 + rt)
Lori:
Answer:
A = $1,932.00
(I = A - P = $532.00)
Equation:
A = P(1 + rt)
Thus $532-$405= $127 more in Lori's account