Ben is buying a tiny house. He will borrow $23,000 at a rate of 3% per year for 4 years. If the interest is compounded annually,
1 answer:
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x = 8
Since x = 8, you can plug in/substitute 8 for "x" in the equation:
2.82842
2.83 You answer is the 4th option
x = 9
Plug in 9 for "x" in the equation
4 Your answer is the 1st option