Peter borrowed $100,000 at 8% compounded
annually, how much will he be paying after 2
years?

The general formula for this type of problem is F=P[1+(i/n)]^(nt), where F is the Future Worth, P is Present Worth, i is interest, n=1 for annual payments, and t for the number of periods - which is 2. This is solved as: F=100000[1+(0.08/1)]^(1*2)=116640

Step-by-step explanation:

let's solve your equation step-by-step.

4x+2=2x+12

step 1: subtract 2x from both sides.

4x+2−2x=2x+12−2x

2x+2=12

step 2: subtract 2 from both sides.

2x+2−2=12−2

2x=10

step 3: divide both sides by 2.

2x

2

=

10

2

x=5

step-by-step explanation:

x/3-10=8

x/3=18

x=48