Here are four false statements about the graph.
1 answer:
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Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.
Answer: x=0
Step-by-step explanation:
Multiply both sides of the equation by 35, the least common multiple of 5,7.
7×4x−5×3x=5×4x+5×5x
Multiply 7 and 4 to get 28.
28x−5×3x=5×4x+5×5x
Multiply −5 and 3 to get −15.
28x−15x=5×4x+5×5x
Combine 28x and −15x to get 13x.
13x=20x+25x
Combine 20x and 25x to get 45x.
13x=45x
Subtract 45x from both sides
13x−45x=0
Combine 13x and −45x to get −32x
−32x=0
Product of two numbers is equal to 0 if at least one of them is 0. Since −32 is not equal to 0, x must be equal to 0.
X=0
