It would be 7 because -3 times 5
Amount in compound interest = p(1 + r/t)^nt where p is the initial
deposit, r = rate, t = number of compunding in a period and n = period.
Here,
Amount after t years = 103(1.02)^t
i.e. 1 + r = 1.02
r = 1.02 - 1 = 0.02
Therefore, annual interest rate = 0.02 x 100 = 2%
Top left: parallel
Top right: perpendicular
Bottom left and right: intersecting
Your answer will be x > <span>−<span>4</span></span>
