I am unable to solve this problem. Tap for examples... if prices increase at a monthly rate of  2.4%, by what percentage do they increase in a year?

.

Step-by-step explanation:

We have been given that prices  increase  at  a  monthly  rate  of  2.4%. We are asked to find the percentage at which prices will increase in a year.

We know that 1 year equals 12 months.

To find the increase in one year, we will multiply monthly increase rate by 12 as:

Therefore, the prices will increase at a rate of in a year.

x=1/4x+5.25

Step-by-step explanation:

6(2x-11)=3x-3

divide by 6

2x-11=1/2x-1/2

add 11

2x=1/2x+10.5

divide by 2

x=1/4x+5.25