Answer:
The equation has no solutions
Step-by-step explanation:
If we re arrange the equation a little more we will obtain the following
|x|=-11
Which is a contradiction since, the |x| is always a positive number
Attached is the representation of this function y= |x|
It means, that it doesnt matter what value 'x' has, the answer is the same number but, positive
$7881.18
Step-by-step explanation:
Let the initial Investment be . The Interest is compounded on a monthly basis at 12% annual interest rate. After 17 years, the Investment amounts to $60,000.
As the annual interest rate is 12%, the monthly interest rate is 1%.
Since this is a compound interest problem, the total amount can be modeled as follows:
Here is the interest rate, i.e
, and t is the number of time periods, i.e
=
∴ Initial Investment = $7881.18
Answer: J and K
Step-by-step explanation:
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