2% i think hopefully it's right
Answer:
x = 12
Step-by-step explanation:
10 – 7x = 2 – 8x
– 7x + 8x = 2 + 10
x = 12
0.7 = 0.70. The 0's after the numbers in the decimal do not matter, so it is technically 0.7 = 0.7.
Answer:
$18,726.11
Step-by-step explanation:
Lets use the compound interest formula provided to solve this:

<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First lets change 9% into a decimal:
9% ->
-> 0.09
Since the interest is compounded quarterly, we will use 4 for n. Lets plug in the values now:


<u>The balance after 5 years is $18,726.11</u>