Answer:
x/i=22
Step-by-step explanation:
x/33=2/3*i
*33 *33
x=2/3*33*i
/i /i
x/i=2/3*33
x/i=22
Answer:
19.38 Months, so 1.6 years
Step-by-step explanation:
6.5% compounded monthly is $325 a month (5,300*.065) so if you subtract 11,300-5,000 you get $6,300. You divide that by 325 and you get 19.38 (months) divide that by 12 months and you get 1.6 (years)
