Answer:
Step-by-step explanation:
Remember:
Given the equation , you need to solve for the variable "x" to find its value.
You need to square both sides of the equation:
Simplifying, you get:
Factor the quadratic equation. Find two numbers whose sum be 7 and whose product be -8. These are: -1 and 8:
Then:
Let's check if the first solution is correct:
(It checks)
Let's check if the second solution is correct:
(It does not checks)
Therefore, the solution is:
Answer:
$1006.20
Step-by-step explanation:
This is an example of compound interest.
To work this out you would first have to convert the percentage into a decimal, you can do this by dividing 3 by 100, which gives you 0.03. You are dividing by 100 as percentages are out of 100. Then you would add 1 to 0.03, which gives you 1.03. This is because you are finding percentage increases. Then you would multiply 894 by 1.03 to the power of 4, which gives you 1006.20. This is because you are finding 3 percent and adding it on and then finding 3 percent of that, this is why we put it to the power of how much time.
1) Divide 3 by 100.
2) Add 1 to 0.03.
3) Multiply 894 by 1.03 to the power of 4.