Hello, I need step by step instructions to solve for G. I understand the answer is 5% but I don't know the steps to solve it. Here is what I have so far, but I'm stuck on how to solve further to get the answer of 5%.   $37.50 = $2 (1+g) / .106-g =37.50 (.106-g) = $2 + $2g =3.975- 37.50g = 2 + 2g =

Mathematics For Machine Technology
8th Edition
ISBN:9781337798310
Author:Peterson, John.
Publisher:Peterson, John.
Chapter24: Percent Practical Applications
Section: Chapter Questions
Problem 14A: Finding Percentage, Percent, and Base in Practical Applications Solve the following problems. 14....
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Hello,

I need step by step instructions to solve for G. I understand the answer is 5% but I don't know the steps to solve it. Here is what I have so far, but I'm stuck on how to solve further to get the answer of 5%.

 

$37.50 = $2 (1+g) / .106-g

=37.50 (.106-g) = $2 + $2g

=3.975- 37.50g = 2 + 2g

=

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