Asked by Saharnaz Pourhaghgouy on May 16, 2024

verifed

Verified

Solve for the unknown variable:
x(1.02)6+3x(1.02)4−$1000=$4000(1.02)3\frac{x}{(1.02)^{6}}+3 x(1.02)^{4}-\$ 1000=\frac{\$ 4000}{(1.02)^{3}}(1.02)6x+3x(1.02)4$1000=(1.02)3$4000

Unknown Variable

A symbol in mathematics and algebra that represents a number not yet identified but can be solved for in an equation.

  • Apply algebraic methods to solve for unknown variables in financial contexts.
verifed

Verified Answer

SB
Shamma bin silmMay 19, 2024
Final Answer :
$1,153.32