5% of 60 dollars is 3 dollars.
I think the one you chose is correct but I am not sure tho
Alright First you combine the like terms.
9n - 3n = 6n
21 - 24 = -3
Rewrite the simplified equation
6n - 3 = 0
Solve for n
6n = 3
n = 3/6
n = 1/2
Ask if you need more help! :)
A=p (1+r)^t
A future value
P present value 4.98
R rate 0.04
T time
After 3 years
A=4.98×(1+0.04)^(3)
A=5.60
7.50=4.98 (1.04)^t
Solve for t
T=log(7.50÷4.98)÷log(1.04)
T=10 years
Hope it helps:-)
