Grandpa Simpson borrows $10,000 to buy a car. There is a 5 percent interest rate for each year. What is the total amount of interest he will have to pay after 4 years? I need to get it correct for school.

500 a year

Step-by-step explanation:

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:

believe it or not anna is correct good job anna give me a fist bump there u go gal