Answer:
no solution
Step-by-step explanation:
2 x 2x, 2 x -2, you now have 4x=4x-4, subtract 4x and 4x and you are left with -4
Answer:
The value will be $1,411.20
Step-by-step explanation:
What we do here is to set up an exponential equation to calculate the value.
Mathematically it will look like this;
V = I(1-r)^n
where V is the future value
I is the initial amount = 24,600
r is rate of decrease = 13.75% = 13.75/100 = 0.1375
n is the number of years = 15 years
substituting these values, we have
V = 24,600(1-0.1375)^15
V = 24600(0.8625)^15
V = 1,411.165582454129
= $1,411.20
Your process is close!
Since 3/10 and 4/15 is the amount you missed you have to subtract that by 1.
1 - 0.3 = 0.70
1 - 0.26 = 0.74
So, you scored higher on the math quiz.
Hope this helps!
