I need help...........
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Hey!
To solve this problem, we must subtract one over three from both sides of the equation. This will give us x on its own.
<em>Original Equation :</em>
<em>New Equation {Added Subtract
to Both Sides} :</em>
<em>Solution {New Equation Solved} :</em>
<em>So, this means that in the equation provided</em>,.
Hope this helps!
- Lindsey Frazier ♥
To solve this problem, we must subtract one over three from both sides of the equation. This will give us x on its own.
<em>Original Equation :</em>
<em>New Equation {Added Subtract
<em>Solution {New Equation Solved} :</em>
<em>So, this means that in the equation provided</em>,
Hope this helps!
- Lindsey Frazier ♥
The person would have to leave the money in the bank for 7.8 years for it to reach 13,500 dollars.
Step-by-step explanation:
Step 1; First we must calculate how much interest is generated for a single year. The annual interest rate is 4.5% i.e. 4.5% of 10,000 dollars which equals 0.045 × 10,000 = 450 dollars a year. As the years pass, more and more will be put into the account due to interest.
Step 2; For there to be 13,500 dollars in the bank account we need to calculate how much money is added due to interest.
The money needed to be added through interest = 13,500 - 10,000 = 3,500 dollars.
So we need to determine how long it will take for the bank to add 3,500 dollars by adding 450 dollars a year.
The number of years to reach 13,500 dollars = = 7.777 years. By rounding this value to the nearest tenth, we get 7.8 years.