Answer:
sorry but can u give me full question
Step-by-step explanation:
like picture
Answer:
look at the picture
Step-by-step explanation:
Answer:
x=3
Step-by-step explanation:
29-3x=5x+5
29=5x+5+3x
29=8x+5
29-5=8x
24÷8=x
3=x
So simple interest, you don't compound anything, you will always add 3% from $9500 and it will not change. The equation will look like this:
9500*[1+(0.03*8)]
giving us 9500*1.24 = $11,780