Answer:
Step-by-step explanation:
The interest accrued is $258.48.
Step-by-step explanation:
Given that:
Initial balance in the savings account = $359
Interest rate = 8%
Time for which no withdrawals or deposits were done = 9 years
To find:
Simple Interest accrued = ?
Solution:
First of all, let us have a look at the formula for simple interest.
Where P is the Principal Amount.
R is the annual rate of interest
T is the time in years.
Here, we are given:
P = $359
R = 8%
T = 9 years
Let us put all the values in the formula:
So, the interest accrued is $258.48.
35 - X = 5
Simplifying
35 + -1X = 5
Solving
35 + -1X = 5
Solving for variable 'X'.
Move all terms containing X to the left, all other terms to the right.
Add '-35' to each side of the equation.
35 + -35 + -1X = 5 + -35
Combine like terms: 35 + -35 = 0
0 + -1X = 5 + -35
-1X = 5 + -35
Combine like terms: 5 + -35 = -30
-1X = -30
Divide each side by '-1'.
X = 30
Simplifying
X = 30
Multiply both sides by (3*5)
5(2n)=3(n+14)
distribute
10n=3n+42
minus 3n both sides
7n=42
divide both sides by 7
n=6
The difference between every two adjacent members of the series is constant and equal to 6.