Solve $\frac { 4 } { 3 x } - \frac { 3 } { 2 x } = 3 - \frac { 9 } { 18 x }$

question 239

Essay

Solve: $\frac { 4 } { 3 x } - \frac { 3 } { 2 x } = 3 - \frac { 9 } { 18 x }$

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Definitions:

COGS

Stands for Cost of Goods Sold; it's the direct cost attributable to the production of the goods sold by a company, including both raw materials and labor costs.

Compensating Balance

A minimum bank account balance a borrower must maintain as part of a loan agreement.

Effective Annual Interest Rate

The real return on a savings account or any interest-bearing investment, taking into account the effect of compounding interest.

Interest Rate

The proportion of a loan charged as interest to the borrower, typically expressed as an annual percentage of the loan outstanding.