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erik [133]
3 years ago
8

URGENT QUICK HELP 7+2x/3 = 5 what is the value of x

Mathematics
2 answers:
Nostrana [21]3 years ago
3 0

Answer:

x=4

Step-by-step explanation:

sergij07 [2.7K]3 years ago
3 0

Answer:

-3

Step-by-step explanation:

7+2x/3=5

2x/3=-2

2x=-6

x=-3

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3 years ago
Find the amount and present value of 10 quarterly payments of $ 1500, if the interest rate is 25% compounded each month.
BlackZzzverrR [31]

Given Information:

Monthly payment = MP = $1500/4 = $375

Monthly interest rate = r = 25/12 = 2.083%

Required Information:

Present Value = ?

Answer:

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Explanation:

n = 10*4

n = 40 monthly payments

The present value is found by

$ PV = MP \times  \frac{ (1 - \frac{1}{(1+r)^n} )}{r}  $

Where r is monthly interest rate.

MP is the monthly payment.

$ PV = 375 \times  \frac{ (1 - \frac{1}{(1+0.02083)^{40}} )}{0.02083}  $

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Therefore, $10,110 is the present value of 10 quarterly payments of $1500 each at 25% interest rate compounded each month.

7 0
3 years ago
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