Ron wants to save $5,000 in 5 years. Can he do this by having $100 deposited into a payroll savings plan each month? Explain. use a calculator if you like.

Yes.

Step-by-step explanation:

Yes because 100 times the 12 months in a year equals $1,200 and $1,200 times 5 is $6,000 and $6,000 is greater than $5,000, so yes.

answer: solve 5\cdot 2^x=2405⋅2  

x

=2405, dot, 2, start superscript, x, end superscript, equals, 240.

solution

to solve for xxx, we must first isolate the exponential part. to do this, divide both sides by 555 as shown below. we do not multiply the 555 and the 222 as this goes against the order of operations!

\begin{aligned} 5\cdot 2^x& =240 2^x& =48 \\ \end{aligned}  

5⋅2  

x

2  

x

​    

=240

=48

​

step-by-step explanation:

6 and 24

step-by-step explanation:

6 x 4 = 24