Answer:
Step-by-step explanation:
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Answer:
Step-by-step explanation:
Each year, the balance is multiplied by (1+r) where r is the annual interest rate.
(a) Balance at the end of year 1:
$6000×1.09 = $6540
(b) Balance at the end of year 2:
$6540×1.09 = $7128.60
In the first one is d and not c
Answer:
x=4
Step-by-step explanation:
12 * X+3=51
Subtract 3 from each side
12x +3-3 = 51-3
12x = 48
Divide by 12
12x/12 = 48/12
x = 4