Step-by-step explanation:
2x+3=x+x+3
add the X's on the right side together.
2x+3=2x+3
subtract 2x from both sides
3=3
subtract 3 from both sides
0=0
the statement is true for any value of x
Correct Answer: Option DPrincipal Amount = P = $8,470
Interest rate = r = 12% = 0.12
Time = t = 2
Number of compounding periods in a year = n = 12
Compounded amount = A = ?
Formula for compound interest is:

Usingthe values in the formula, we get:
Therefore, option D is the correct answer.