The square root of 6 is 2.449...
and that is closest to 3
X*2 +5 =41
Subtract 5 from both sides
X*2=36
Square root of 36 is 6
X=6
Solve
6*2+5 =41
This’s correct!
The future value of a monthly deposit A=125.30 at annual interest i=0.015 per annum for n=35 years compounded monthly is given by
FV=A((1+i/12)^(12*n)-1)/(i/12)
=125.30(1+0.015/12)^(12*35)/(0.015/12)
=$69156.05
The annuity formula is given by
Payment = r(PV)/(1-(1+r)^(-n))
where
r=interest rate per period = 0.015/12
PV= $69156.05
n=20*12=240
so
Payment = (0.015/12)<span>69156.05/(1-(1+0.015/12)^(-240))
= $333.71 per month.</span>
Standard: x=4
implicit: x-4=0
Easiest ways to solve them are to take the denominator and numerator and and divide the one you are asked to use to answer and divide and see if it works on both.
Example: first 105 / 15 = 7 ) Then: 105 / 7 = 15
119 ) 119 / 7 = 17
Hope I helped. :D