Answer:
x=0.369231
Step-by-step explanation:
0.9(5x+4)=5.7(2.5x)
Step 1: Simplify both sides of the equation.
0.9(5x+4)=5.7(2.5x)
(0.9)(5x)+(0.9)(4)=5.7(2.5x)(Distribute)
4.5x+3.6=14.25x
Step 2: Subtract 14.25x from both sides.
4.5x+3.6−14.25x=14.25x−14.25x
−9.75x+3.6=0
Step 3: Subtract 3.6 from both sides.
−9.75x+3.6−3.6=0−3.6
−9.75x=−3.6
Step 4: Divide both sides by -9.75.
−9.75x/ −9.75 = −3.6/ −9.75
x=0.369231
The amount of money that you will have at the end of the year from your brand-new savings account is $600.69.
<h3>What is future value?</h3>
The future value is the value of periodic cash flows in the future. It can be computed using an online finance calculator as follows:
<h3>Data and Calculations:</h3>
N (# of periods) = 24 (12 X 2)
I/Y (Interest per year) = 0.12% (0.01% X 12)
PV (Present Value) = $0
PMT (Periodic Payment) = $25
Results:
FV = $600.69
Sum of all periodic payments = $600.00 ($25 X 24)
Total Interest = $0.69
Thus, the amount of money that you will have at the end of the year from your brand-new savings account is $600.69.
Learn more about future values at brainly.com/question/24703884
20 - (4xn) = 4 is the equation
