Multiply each throughout!
=x^2+6x+8x+48
then arrange accordingly
x^2+14x+48
remember that in quadratic equation that you should have a squared (a) variable and a coefficient(b) and just a raw value (c)
Answer:
15 years and 8 months
Step-by-step explanation:
I used the formula for compound interest as shown below and solved for the unknown, time.
Since our interest is compounded annually (So once a year) our m value is 1.