Answer:
Step-by-step explanation:
Which is greater 2.6 or 4.07
2 answers:
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Answer: x=3
Step-by-step explanation: Step 1: Simplify both sides of the equation.
21x−5=7+17x
21x+−5=7+17x
21x−5=17x+7
Step 2: Subtract 17x from both sides.
21x−5−17x=17x+7−17x
4x−5=7
Step 3: Add 5 to both sides.
4x−5+5=7+5
4x=12
Step 4: Divide both sides by 4.
=
So Final Answer: <u>x=3</u>
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Invested amount (P) = $300.
Time in years (t) = 2 years.
Balance after 2 years (A) = $329.49.
Let us assume rate of interest = r % compounds annually.
We know, formula for compound interest
Plugging values in formula, we get
Taking square root on both sides, we get
r=0.048.
Converting it into percentage by multiplying by 100.
r=0.048 × 100
r = 4.8 %
Therefore, the rate of interest on the account is 4.8% compounds annually.