The side of the square is (12x+52)/4=3x+13.
John's effective annual rate is about
(1 +.0576/4)^4 -1 ≈ 5.8856%
According to the "rule of 72", John's money will have doubled in
72/5.8856 = 12.23 years
John's balance will be $4500 in 1989.
_____
Since you're only concerned with the year (not the month), you don't actually need to determine the effective annual rate. The given rate of 5.76% will tell you 72/5.76 = 12.5 years. The actual doubling time is closer to 12.12 years, so using the effective rate gives results that are closer, but "good enough" is good enough in this case.
For 9 of games is the cost of these plans the same.
<h3>What are basic linear equations?</h3>
Moving the variables to one side of the equation and the numeric portion to the other allows us to solve a linear equation with one variable. As an illustration, the equation x - 1 = 5 - 2x can be resolved by transferring the numerical components to the right side of the equation while leaving the variables on the left. Therefore, we receive x + 2x = 5 + 1. Thus, 3x Equals 6. As a result, x = 2. The formula for a two-variable linear equation is Ax + By + C = 0, where A and B are the coefficients, C is a constant term, and x and y are the two independent variables, each with a degree of 1. A linear equation involving two variables, for illustration, is 7x + 9y + 4 = 0.
Consequently, you would multiply $9.45 and $4.45 by the same number (I selected 9 because there are only one or two possible answers), then add $85 to the result for the $4.45 amount.
9.45 x 9
= 85.05
4.45 x 9
= 40.05 +85
= 125.05
To know more about linear equation ,visit:
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