Answer:
$176.3193692 or $176.32 (rounded to two decimal places)
Step-by-step explanation:
It is a compound interest, which means the interest accumulates on an initial amount each period.
The formula is A=P(1+R)^n
A= the total amount P=initial amount R=rate n=time (years)
P=$120 Rate= 8% or 0.08 (decimal) n=5 (years)
A=120 (1+0.08)^2
A=120 (1.469328077)
A= 176.3193692
The decimal equivalent is -4.666....
In order to find this, we need to start by just taking the whole number for itself.
-4.
Now we have to handle the fraction version. In order to do that, we need to do the division and turn into a decimal.
2/3 = .666...
Now we simply put them together and get our answer.
-4.666...
I would help but Can u add a pic or something for more understanding
6x-1=4x+6
subtracting 4x from each side
2x-1=6
adding 1 to each side
2x=7
divide by 2
x=7/2 or 3.5
check: 6(7/2) -1 =4(7/2)+6
21-1 =14+6
20=20 correct
