If you see that 3x-3 and set it equal to x+7 then you will get this,
3x-3=x+7
Now solve for X. You will get 5.
Then you plug five in and get 12 For both sides and then multiply 12 by 4 and get 48.
You answer is 48.
Hope this helps you.
Answer:
After 9 years the account will be worth 13709.60$
Step-by-step explanation:
We are given the following in the question:
We are given the following in the question:
P = $8000
r = 6% = 0.046
n = 12
The compound interest is given by:
where A is the amount, p is the principal, r is the interest rate, t is the time in years.
Putting the values, we get,
Thus, after 9 years the account will be worth 13709.60$
Answer:
$15 in debt
Step-by-step explanation:
Subtract 33 from 18
18 - 33
= -15
So, he will be $15 in debt
Answer:
The percentage of overdue accounts are held by customers in the "risky credit" category is 62.5%
Step-by-step explanation:
Customers in the "risky" category (25% of total accounts) allow their accounts to go overdue 50% of the time on average.
That means that on average, 12.5% of total accounts is overdue.
0.25*0.50 = 0.125
In the "good credit" category only 10% goes overdue. That means 7,5% of total accounts goes overdue in this category.
0.75*0.10=0.075
The total accounts that go overdue is 0.125+0.075 = 0.200.
The percentage of overdue accounts held by customers in the "risky credit" category is:
0.125/0.200 = 0.625 or 62.5%
