18. a. When Kyle was born, his grandparents invested $5,000 in a college fund that paid 4% per year, compounded yearly. What was the value of this investment when Kyle was ready for
college at age 18? (Note that r = 0.04.)
b. If Kyle's grandparents had invested the $5,000 in a fund that paid 4% compounded con-
1 tinuously, what would have been the value of the fund after 18 years?

step-by-step explanation:

they will manufacture 8496 cars

37/3

step-by-step explanation:

step 1: simplify both sides of the equation.

7x+8(x+

1

4

)=3(6x−9)−8

7x+(8)(x)+(8)(

1

4

)=(3)(6x)+(3)(−9)+−8(distribute)

7x+8x+2=18x+−27+−8

(7x+8x)+(2)=(18x)+(−27+−8)(combine like terms)

15x+2=18x+−35

15x+2=18x−35

tep 2: subtract 18x from both sides.

15x+2−18x=18x−35−18x

−3x+2=−35

step 3: subtract 2 from both sides.

−3x+2−2=−35−2

−3x=−37

step 4: divide both sides by -3.

−3x

−3

=

−37

−3

x=

37

3

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