SOLUTION: Jackie Jones wants to save a total of $96,000 so that she can buy an exotic sailboat. How much money should she invest into an account which pays 5.2% compounded weekly in order

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Question 678711: Jackie Jones wants to save a total of $96,000 so that she can buy an
exotic sailboat. How much money should she invest into an account which pays 5.2%
compounded weekly in order to have enough money to buy her sailboat in 7 years.
Answer by klm22(1)   (Show Source): You can put this solution on YOUR website!
Solved by pluggable solver: EXPLAIN simplification of an expression
Your Result:


YOUR ANSWER


  • This is an equation! Solutions: x=2.
  • Graphical form: Equation was fully solved.
  • Text form: x+x-x+2x=6 simplifies to 0=0
  • Cartoon (animation) form:
    For tutors: simplify_cartoon( x+x-x+2x=6 )
  • If you have a website, here's a link to this solution.

DETAILED EXPLANATION

Look at .
Eliminated similar terms highlight_red%28+x+%29,highlight_red%28+x+%29,highlight_red%28+-x+%29,highlight_red%28+2%2Ax+%29 replacing them with highlight_green%28+%281%2B1-1%2B2%29%2Ax+%29
It becomes .
Look at .
Added fractions or integers together
It becomes .
Look at .
Remove unneeded parentheses around factor highlight_red%28+3+%29
It becomes .
Look at .
Moved these terms to the left highlight_green%28+-6+%29
It becomes .
Look at .
Solved linear equation highlight_red%28+3%2Ax-6=0+%29 equivalent to 3*x-6 =0
It becomes .
Result:
This is an equation! Solutions: x=2.

Universal Simplifier and Solver


Done!
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