Carrie took out a $12,000 personal loan to pay off her credit cards. She will not make a payment for 2 years and there is a 5% interest rate. How much will be owed in 2 years with monthly compounding?

the answer is a

step-by-step explanation:

none of the above.

for one of the equations to be used in the process, there has to be a term in the equation since squared is .

since there is only a term in the first equation, we cannot derive a from completing the square.

solving with completing the square

step-by-step explanation:

where is the questions

answer:   x = 3 + √11     and     x = 3 - √11

step-by-step explanation:

x² - 6x + 9 = 11

(x - 3)² = 11

x - 3 = ±√11

    x = 3 ± √11

x = 3 + √11     and     x = 3 - √11