Simplify the equation.
First, distribute the 2 in the left side of the equation.
Resulting in: 2x-6 = (x-1) + 7
Second, remove the parentheses form the right side of the equation (there is nothing to distribute there).
Resulting in: x - 1 + 7
Now simplify the right side of the equation by subtracting the 1 from the 7.
Resulting in: x + 6
Our goal is to isolate the x to the left side, and the numerals to the right side.
With that in mind, add the 6 (from the right side) to both sides. This cancels out the 6 on the right side.
Resulting in: 2x = 12
Lastly, in order to fully isolate the variable (x), we divide both sides by 2.
Resulting in: x = 6
Hope this helps.
Answer:
66763
Step-by-step explanation:
47000*(1+0.105+0.17)+338+6500
Present Value of an annuity is given by the formular
PV = P(1 - (1 + r)^-n)/r; where PV = $28,000, r = 0.081/12 = 0.00675, n = 35 and P is the periodic (monthly) payment.
P = PVr/(1 - (1 + r)^-n) = (28,000 x 0.00675)/(1 - (1 + 0.00675)^-35) = 189/0.2098 = 900.90
Therefore, the monthly payment is $900.90
