You want to have $25,000 saved 6 years from now to buy a house. how much less do you have to deposit today to reach this goal if you can earn 5.5 percent rather than 5 percent on your savings? today's deposit is the only deposit you will make to this savings account.

x = ±sqrt(10)

step-by-step explanation:

5 - 2x² = -15

subtract 5 from each side

5-5 - 2x² = -15-5

-2x^2   = -20

divide by -2 on each side

-2x^2   /-2= -20/-2

x^2 =10

take the square root on each side

sqrt(x^2 )=±sqrt(10)

x = ±sqrt(10)

check:

5 - 2x² = -15

+sqrt(10)

5 - 2(sqrt(10))² = -15

5 -2(10) = -15

5 -20 = -15

-15 = -15

-sqrt(10)

5 - 2(-sqrt(10))² = -15

5 -2(10) = -15

5 -20 = -15

-15 = -15

answer: 0.64

step-by-step explanation: