Answer:
Principal amount (P) = $10,000
Rate (R) = 1.5%
Time (T) = 4 years
Simple interest, I = P X R X T / 100
= 10000 X 1.5 X 4 /100
= 60000 / 100
= $600
Therefore, Balance = P + I
= 10000 + 600
= $10600
Answer:
x = 2
Step-by-step explanation:
To start, you want to isolate x.
To do so, get all the x terms to one side.
2x + 1 = 4x - 3
Subtract -4x on both sides.
-2x + 1 = -3
Then, subtract 1 on both sides.
-2x = -4
Finally, divide -2 on both sides.
x = 2
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