The algebraic equation is 4(0.25)+2x=17
STEP 1: Simplify both sides of the equation
1+2x=17 or 2x+1
STEP 2: Subtract both sides
2x = 16
STEP 3: Divide both sides by 2
2x/2 = 16/2
x = 8
Molly purchased 8 books last month
I would personally take the number three and trow it out the window but that's not what we are talking about
The time it will take the principal to grow to the desired amount is 0.7 years
Using the compound interest formula :
A = P(1 + r/n)^(nt)
A = final amount = 225,000
P = principal = 180,000
r = rate = 3.12%
n = Number of compounding times per period = 12(monthly)
t = time
225000 = 180000(1 + (0.0312 /12))^(12t)
Divide both sides by 180000
225000/180000 = (1 + (0.0312 /12))^(12t)
1.25 = 1.026^12t
Take the log of both sides
0.0969100 = 0.0111473 × 12t
0.0969100 = 0.1337676t
Divide both sides by 0.1337676 to isolate t
0.0969100 / 0.1337676 = t
0.7244 years
0.7 years
It will take 0.7 years for the amount to grow
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Answer:
Step-by-step explanation:
<u>Given:</u>
<u>Comparing the total cost, work out the value of x:</u>
- 2x + x + 0.2 = 3.80
- 3x = 3.60
- x = 1.20
Multiply your total by your percentage
90 * .80 = 72
72 is the number of questions she answered correctly