A proportional equation does not have a Y-intercept greater than 0.
14,999(1+.o825)^4= 20,595. $429x48 months= 20,592
Interest rate 8 1/4%
Check 20592/14999= 1.37289
Log(1.37289)/ log(1.0825)= 3.99 years
This is the quadratic formula.
First, distribute the (1/2) into (4x+12) by multiplying them.
The equation becomes:
2x + 6 + 5x = 30
On the left side, combine “like terms” through addition.
7x + 6 = 30
Subtract 6 from both sides:
7x = 24
Finally, get x alone by dividing both sides by 7:
x = 24/7, or if you wanted to round the decimal answer, it’s about 3.429.
You cant simplify it . it is already simplified
