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Sergio [31]
3 years ago
5

Keith owes $4512 on a credit card with a 17.3% interest rate compounded monthly. What is the monthly payment he should make an o

rder to pay off his debt in 12 months assuming it is not charge anymore purchases with a card?
A) $915.50
B) $74.54
C) $376
D) $412.16
Mathematics
1 answer:
olganol [36]3 years ago
6 0

If keith makes a monthly payment of (c) $376 in 12 months he should be debt free (simply multiply 376 by 12 to find your answer)

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A.)List the 4 steps outlined in the lesson on solving equations.
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1.) Solve for x:
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Subtract 3 x from both sides:
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5 x - 3 x = 2 x:
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2.)  Solve for x:
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-2 (5 - x) = 2 x - 10:
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Grouping like terms, 3 x + 2 x - 10 = (3 x + 2 x) - 10:
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5 x + (10 - 10) = 10 + 30

10 - 10 = 0:
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5 x = 40

Divide both sides of 5 x = 40 by 5:
(5 x)/5 = 40/5

5/5 = 1:
x = 40/5

The gcd of 40 and 5 is 5, so 40/5 = (5×8)/(5×1) = 5/5×8 = 8:

<span>Answer: x = 8

_________________________________________________________

3.) Solve for x:</span>
5 (x + 1) = 3 (2 x + 3) + 5

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9 + 5 = 14:
5 (x + 1) = 6 x + 14

Expand out terms of the left hand side:
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Subtract 6 x from both sides:
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5 - 5 = 0:
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14 - 5 = 9:
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Multiply both sides of -x = 9 by -1:
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<span>Answer: x = -9</span>
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Step-by-step explanation:

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