Answer:The answer is 3.5273684211
Step-by-step explanation:
I your round it up then it would be 3.5
Answer:
FV= $11,156.94
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $7,000
Number of periods (n)= 8 years
Interest rate (i)= 6% compounded annually
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 7,000*(1.06^8)
FV= $11,156.94
Let's solve this problem step-by-step.
−3(1−2x)=3x+3(x−3)+6
Step 1: Simplify both sides of the equation.
−3(1−2x)=3x+3(x−3)+6
(−3)(1)+(−3)(−2x)=3x+(3)(x)+(3)(−3)+6(Distribute)
−3+6x=3x+3x+−9+6
6x−3=(3x+3x)+(−9+6)(Combine Like Terms)
6x−3=6x+−3
6x−3=6x−3
Step 2: Subtract 6x from both sides.
6x−3−6x=6x−3−6x
−3=−3
Step 3: Add 3 to both sides.
−3+3=−3+3
0=0
So, 0=0 or all real numbers.
y = -5x + 24
y = 4x - 21
Since both of these equations are equal to Y, theyre equal to each other.
So we can make an equation with y = -5x + 24 in one side and y = 4x - 21 on the other.
-5x + 24 = 4x - 21
Now in order to get the value of x we need to isolate it in one side of the equation. We can do this by subtracting 24 from both sides of the equation:
-5x + 24 - 24 = 4x - 21 - 24
-5x = 4x - 45
Now we subtract 4x from both sides so the 4x shift to the other side
-5x - 4x = 4x - 4x - 45
-9x = -45
Finally divide both sides by -9 so x is by itself
(-9)÷(-9x) = -(45)÷(-9)
x = 5
Since we did all of this to BOTH sides of the equation, both sides are still equal to each other and the equation still is true.
Now apply x = 5 to either of the initial equations to find the value of Y
y = -5x + 24 or y = 4x - 21
(I'll do both but u only need one)
y = -5(5) + 24
y = -25 + 24
y = -1
y = 4(5) - 21
y = 20 - 21
y = -1
Either way, X is 5 and Y is -1
Answer (5, -1)
