Answer:
x=20
Step-by-step explanation:
inverse operation
add 7 to both sides
x=20
The first package is 4 oz (1/4lb) at 79cents = 19.75 cents/oz
Second Package is 8 oz at 1.59 = 19.875 cents / oz
So the first package is cheaper per ounce.
If it decreases at 4% every year, then its value becomes:
100% - 4% = 96% = 96/100 = 0.96
At the end of the 1 year its value becomes: 150*(0.96)
At the end of the 2 years its value becomes: 150*(0.96)*(0.96) = 150*(0.96)²
At the end of the 3 years its value becomes: 150*(0.96)*(0.96)*(0.96) = 150(0.96)³
So similarly at the end of 12 years, its value becomes 150*(0.96)¹²
=50*(0.96)¹² simplify with calculator.
<span>≈ 91.91
Value at the end of 12 years becomes ≈ $</span><span>91.91
I hope this helps.
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