Determine If $w = 1$ Is a Solution To $| 6 - 2 w | = 2$

question 116

Multiple Choice

Determine if $w = 1$ is a solution to $| 6 - 2 w | = 2$ .

• A) \(w = 1\) is a solution.
• B) \(w = 1\) is not a solution.

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Definitions:

Future Value Factor

A multiplier used to calculate the future value of an investment based on its present value and interest rate over time.

Annuities

are financial products that provide a stream of payments over time, often used as part of retirement planning.

Perpetuity

A financial instrument that provides a stream of infinite cash flows or payments that continue indefinitely.

Annual Percentage Rate (APR)

The interest rate charged per period multiplied by the number of periods per year.