Solve the Equation Using the Multiplication or Division Property of Equality

question 18

Short Answer

Solve the equation using the multiplication or division property of equality.

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Definitions:

Next Year

A reference to the year immediately following the current year.

Large Company Stocks

Shares issued by corporations with large market capitalizations, typically seen as stable investments.

TSX/S&P Composite Index

A stock market index of the stock performances of the largest companies listed on the Toronto Stock Exchange (TSX), representing a significant portion of the Canadian equity market.

Securities

Equities and debts that reflect a stake in publicly available corporate entities, or an indebtedness to a public or private organization, alongside options that confer rights to ownership.