Solve the Equation $( 8 ) x + 1 = \left( \frac { 2 } { 4 } \right) ^ { x - 1 }$

question 436

Multiple Choice

Solve the equation.
- $( 8 ) x + 1 = \left( \frac { 2 } { 4 } \right) ^ { x - 1 }$

• A) \(\left\{ - \frac { 1 } { 2 } \right\}\)
• B) \(\{ - 1 \}\)
• C) \(\left\{ \frac { 1 } { 2 } \right\}\)
• D) \(\left\{ - \frac { 1 } { 4 } \right\}\)

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Definitions:

Futures Contract

A formal contract that obligates a purchase or sale of an item at an agreed price on a future date.

Settle Price

The settle price is the final price at which a futures contract is settled upon expiration or closing.

Futures Contracts

Standardized legal agreements to buy or sell a specific commodity or financial instrument at a predetermined price at a specified time in the future.

Gold

Gold is a precious metal that has been used historically as a medium of exchange and is widely held as a form of investment or hedge against economic uncertainty.