Jay borrowed $2,000 from the bank and agreed to pay an annual interest rate of 6% for 24
months. What is the amount of interest he will
pay on this loan?

the solution is x=1

step-by-step explanation:

we are given our   equation as

let's assume

left side function is

right side function is

now, we can draw graph

and then we can get intersection point

the intersection point will be solution

so, the solution is

x=1