Step-by-step explanation:
X=e+r/d
swap both sides
e+r/d=x
subtract e from both sides
e-e+r/d=x-e
r/d=x-e
multiply d to both sides
d×r/d=x-e×d
r=x-e×d
25.3 is what i got for the first image.
I believe you would solve for X like: 3x-10=2x-10.
C. Savings account B because it has more compounding periods per year.
Step-by-step explanation:
Step 1:
Savings account A has an APR of 5% which compounds interest semiannually. This means that savings account A compounds twice in a year. If account A compounds 5% a time, it would compound 5(2) = 10% in a single year.
Step 2:
Savings account B also has an APR of 5% which compounds interest quarterly. This means that savings account B compounds four times in a year. If account B compounds 5% a time, it would compound 5(4) = 20% in a single year.
Step 3:
Savings account A gets an interest of 5% a year while savings account B gets an interest of 10% so account B offers a higher APR because of more compoundings in a year.
Answer:
300,000
Step-by-step explanation:
423 x 764 = 323,172
