Using the cross product property on this proportion gives us the following equation:
20 (2x - 9) = 10 (9)
Use the distributive property and multiply
40x - 180 = 90
Add 180 to both sides
40x = 270
Divide 40 from both sides
x = 270/40
Simplify fraction
x = 27/4
This should be your answer. Let me know if you need any clarifications, thanks!
The saving plan balance is $3,677.53.
Given that,
- The no of months is 18.
- The annual percentage rate is 3% so the monthly rate percentage is 0.25%.
- And, the monthly payment is $200.
Based on the above information, the following formula should be used:
FVA = PMT× [(1+r)^n - 1] ÷ r
= $200 × [(1+ 0.0025)^18 - 1] ÷ 0.0025
= $3,677.53
Therefore we can conclude that the saving plan balance is $3,677.53.
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Answer:
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Yes; if you look at both terms, they both have a common factor of 3x, therefore, this expression can be simplified as 3x(5x-9).
Answer:
option 2
Step-by-step explanation: