Question

I need help with number 5, and 6.

Please and thank you.

Answer 1

5 - 1 year

6 - 738.92

Explanation:

5: 260 = 250(1.04)^t

Divide both sides by 250, and we get 1.04. So t must be 1.

6: x + 45 = x(1.03)²

Solve to find x