We'll use the variable x to represent last year's price. First, we have to set up an equation:

We get this equation because $13.25 is 6% MORE than last year's price, meaning we need to add the original price to the increase. Next, we combine like terms and solve for x:

Last year's price was
$12.50.
Hope this helps!
Yes, we apply the distributive property to simplify this expression.
3*5 = 15
6*3 = 18
15 + 18 is the final answer.
Answer:
C
Step-by-step explanation:
Its not A because she can't withdraw it for however many years.
Its not B because creating a new income stream is a long term investment.
Its not D because it says she buys stock of a long-term performing company
5. it is a pyramid with a rectangular base