Hey there!☺
In our first step, we will simplify both sides of the equation:
Now subtract 4 from both sides:
In our last step, we will divide both sides by -2:
x=-7/2 is your answer.
Hope this helps!☺
The local amusement park is a popular field trip destination. This year the senior class at HighSchool A and the senior class at
2 answers:
You might be interested in
Answer:
Calculate the Macaulay duration of Annuity B at the time of purchase is 1.369.
Step-by-step explanation:
First, we use 0.93 to calculate the v which equals 1/(1+i).
= 0.93
After rearranging the equation, we get 1.07 + 0.07v - 0.93=0
So, v=0.9
Mac D:
After substituting the value of v, we get Mac D = 1.369.