Kate wants to have $25,000 in 16 years. How much does she need to invest if the interest rate is 6 percent per year?
1 answer:
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Hello!
You can multiply (x-12) and (x+4)
x * x = x^2
x * 4 = 4x
-12 * x = -12x
-12 * 4 = -48
Now we have
x^2 - 8x - 48 = 9
Subtract 9 from both sides
x^2 - 8x -57 = 0
Use the quadratic formula
This give use the answer of
x = 4 +
Hope this helps!
You can multiply (x-12) and (x+4)
x * x = x^2
x * 4 = 4x
-12 * x = -12x
-12 * 4 = -48
Now we have
x^2 - 8x - 48 = 9
Subtract 9 from both sides
x^2 - 8x -57 = 0
Use the quadratic formula
This give use the answer of
x = 4 +
Hope this helps!