The answer is C) 14 years.
Plug it in to check:
12500(1+0.0525)^14
12500(2.05) = 25,587.01 (rounded to 25000)
Using simultaneous equation,
a=-1, b=1, x=1, y=0
OR
a=1, b=-1, x=1, y=0.
Answer:
Step-by-step explanation:
- <em>Percent change is the difference in numbers divided by initial number converted to percent value.</em>
<u>Percent increase:</u>
<u>Percent decrease:</u>
- (70 - 50)/70*100% = 28.57%
<u>Compare:</u>
Answer: x = 1.28 or -1.28
