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marta [7]
3 years ago
5

James made a deposit in a savings account 5 years ago. The account pays 4% simple annual interest. Since then, he has earned $12

0 in interest. What is the current balance in his account?
Mathematics
1 answer:
Lera25 [3.4K]3 years ago
3 0
P=i/rt
P=120/0.04*5=600
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<u>Given</u>:

The given equation is x^{2} -3x-7=0

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<u>Exact solution:</u>

The exact solution of the equation can be determined by solving the equation using quadratic formula,

x=\frac{-b \pm \sqrt{b^2-4ac}}{2a}

From the equation the values are a = 1, b = -3 and c = -7

Thus, substituting these values in the equation, we get;

x=\frac{-(-3) \pm \sqrt{3^2-4(1)(-7)}}{2(1)}

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