$1,500 compounded at 2% interest are $1,653.75
Answer:79
Step-by-step explanation:
Answer: Yes
Step-by-step explanation:
Imagine you have b = 2.
Plug 2 into the equation 2b + b = 3b
You get: 2(2) + 2 = 3(2)
Which solves to be 6 = 6
As long as the variable is the same, in this case b, and they are to the same power, in this case ^1, you can combine them.
I would make a proportion out of this to help solve it because I find proportions a bit easier to solve, so the proportion would be: 110/100=880/x
You would just solve it for 800