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Salsk061 [2.6K]
3 years ago
7

What is the simplified form of the quantity of x plus 7, all over 2 − the quantity of x plus 4, all over 2?

Mathematics
1 answer:
astraxan [27]3 years ago
7 0

(x + 7)/2 - (x + 4)/2 = (x + 7 - (x + 4)/2 = (x + 7 - x - 4)/2 = 3/2

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$6,506.51

Step-by-step explanation:

Recall that increasing an amount C in x% is equivalent to multiply it by (1+x/100)

As we have 4% APR, the monthly interest would be (4/12)% = 0.04/12

<u>Month 0</u> (first payment)

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Month 1

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<u>Month 2</u>

250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2)

<u>Month 3</u>

250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3)

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250(1+\frac{12.04}{12}+(\frac{12.04}{12})^2+(\frac{12.04}{12})^3+...+(\frac{12.04}{12})^{24})

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so, after 2 years the saving balance is

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