Answer = £6911
Compound interest of 5% means multiplying by 1.05 each year.
Let’s call the missing value x
To find x, we need to do:
(X) * 1.05 * 1.05 * 1.05 = 8000
So, to find x, divide 8000 by 1.05^3
Answer:
q=4/3
Step-by-step explanation:
simplify the right side, to 5/3
5/4q=5/3
multiply 4/5 on both sides
q = 5/3*4/5
q = 4/3
Answer:
Im pretty sure the answer is
C) r^2 - 49
Step-by-step explanation:
Answer:
x = -14
Step-by-step explanation:
Simplifying
7x + 156 = 9x + 184
Reorder the terms:
156 + 7x = 9x + 184
Reorder the terms:
156 + 7x = 184 + 9x
Solving
156 + 7x = 184 + 9x
Solving for variable 'x'.
Move all terms containing x to the left, all other terms to the right.
Add '-9x' to each side of the equation.
156 + 7x + -9x = 184 + 9x + -9x
Combine like terms: 7x + -9x = -2x
156 + -2x = 184 + 9x + -9x
Combine like terms: 9x + -9x = 0
156 + -2x = 184 + 0
156 + -2x = 184
Add '-156' to each side of the equation.
156 + -156 + -2x = 184 + -156
Combine like terms: 156 + -156 = 0
0 + -2x = 184 + -156
-2x = 184 + -156
Combine like terms: 184 + -156 = 28
-2x = 28
Divide each side by '-2'.
x = -14
Simplifying
x = -14
3% interest on 5,000 = 150
275 (the total amount wanted) - 150 (from initial investment)= 125
x (5%) =125
x (0.05)= 125
x/0.05)= 125/0.05
x=2500
you need to invest 2500 at 5% to get the additional 125
125 plus 150= 275
