Answer:
there is no way to solve it
Step-by-step explanation:
i think you may have missed part of the question
Answer:
x=7
Step-by-step explanation
left part + 0.006 = right part + 0.006
----> 0.1x = 0.08x+0.14
left part -0.08x =right part - 0.08x
----> 0.02x=0.14
x=7
Answer:
Assume you will invest fixed amount x at the starting of each month
S(12): (1.00625x)*(1.00625^(12)-1)/(1.00625-1) = 2000
x=160
you will invest fixed amount 160 at the starting of each month and get 2000 at the end of the year ,which compounded 7.5% monthly.
how much will you have invested at the end of the first year ?
160*12=1920