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You have to keep order of operations in mind.
1. Take care of the parentheses; distribute.
-3+6x-3=-20-8x
Simplified: 6x-6=-20-8x
2. Isolate the x variable.
Add 8x to both sides and add 6 to both sides.
14x=-14
3. Solve for x.
Divide by 14 on both sides.
x=-1
Answer:
6% monthly
Step-by-step explanation:
The monthly rate being compounded when the interest is 6% per year is ...
6%/12 = 0.5%
so the multiplier each month is
1 + 0.5% = 1.005
___
The monthly multiplier when 5.86% is compounded continuously is ...
e^(5.86%/12) ≈ 1.004895
The 6% rate will give a larger yield after any length of time.
B:Interest
Hoped this helped have a nice day