Equation Financial Mathematics

[Izekid]

Please help me solve this equation

a * 0,1 + (1-a) * 0,05 = 0,0608

My head is like a bomb i can't solve it

 

[HallsofIvy]

This has nothing to do with differential equations! Also it looks like secondary school homework so I am moving it there.

a * 0,1 + (1-a) * 0,05 = 0,0608
First multiply out that parenthised term: (1-a)(0,05)= 0,05- 0,05a.
0,1 a+ 0,05- 0,05a= 0,0608

Now combine the two "a" terms: 0,1 a- 0,05a= (0,1-0,05)a= 0,05a.
0,06a+ 0,05= 0,0608

Can you finish it from there?

 

[Architeuthis Dux]

Hello! I understand that solving equations can be challenging, but let me try to help you out. This equation is a simple linear equation with one variable, a. To solve it, we need to isolate the variable on one side of the equation.

First, we can distribute the numbers to simplify the equation:

a * 0.1 + 0.05 - a * 0.05 = 0.0608

Next, we can combine like terms:

a * 0.05 = 0.0108

Then, we can divide both sides by 0.05 to isolate the variable:

a = 0.0108 / 0.05

Finally, we can solve for a using a calculator:

a = 0.216

So, the solution to this equation is a = 0.216. I hope this helps! Remember, with practice and patience, you can solve any equation. Good luck!