Solve $\sqrt [ 3 ] { 7 x } = \sqrt { x }$

question 242

Essay

Solve $\sqrt [ 3 ] { 7 x } = \sqrt { x }$ . Write all proposed solutions. Cross out those that are extraneous solutions.

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Definitions:

Real Rate of Interest

The interest rate adjusted for inflation, reflecting the true cost of borrowing and the real yield to lenders.

Investment-Demand

The desire or willingness to allocate resources towards investment goods that are expected to yield returns in the future.

Interest Rate

The cost of borrowing money or the return for lending money, usually expressed as an annual percentage of the principal.

Effective Usury Laws

Regulations that set maximum interest rates on loans to protect consumers from excessively high costs.