A loan of $1500 attracts a daily interest of 3(0.29) = $0.87
For 120 days you pay $0.87 x 120 = $104.40 interest.
I = PrT; where P is the principal, r is the annual interest rate and T is the time.
500 x r x 1/365 = 0.29
r = 0.29 x 365 / 500 = 105.85/500 = 0.2117
Therefore,, Annual interest rate = 21.17%
3(x-7) = 138 + 3x First multiply
3x-21 = 138 + 3x subtract 3x from both sides
-21 = 138
This is a false statement because -21 does not equal to 138 so the answer is no solution.
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Answer:
Always multiply or divide the absolute values
Step-by-step explanation:
Answer:
x = 9
Step-by-step explanation:
Step 1: Write equation
4(x - 2) = 3x + 1
Step 2: Solve for <em>x</em>
- <u>Distribute 4:</u> 4x - 8 = 3x + 1
- <u>Subtract 3x on both sides:</u> x - 8 = 1
- <u>Add 8 to both sides:</u> x = 9
Step 3: Check
<em>Plug in x to verify it's a solution.</em>
- <u>Substitute:</u> 4(9 - 2) = 3(9) + 1
- <u>Parenthesis (add):</u> 4(7) = 3(9) + 1
- <u>Multiply:</u> 28 = 27 + 1
- <u>Add:</u> 28 = 28