Answer:
0.036
Step-by-step explanation:
You would add like terms so it would be 1x then you add 1 to 7 so you would get 8.. the you divide both sides by 1x and you'd get 8=x
Answer:
The interest rate is 7.5%
Step-by-step explanation:
You get the difference from the new number and the original. In this case, it is 30.96. I then divided the original by 30.96. The answer turned out to be .15. I doubled checked my answer by timing the original by .15 and adding it. But, I had to divide .15 by 2 so I could get the amount per year. So, it would be 7.5% per year of interest.
8,124,587
- 753,256
-----------------
7,371,331
The answer is 17. Hope that helps