as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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explain the difference between a linear and a nonlinear equation.
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a linear equation is a mathematical equation where all terms are linear, meaning that any terms that have a variable or exponent must have the same power or exponent. a nonlinear equation is an equation that is not linear and involves terms with variables and exponents that may have different power or exponents. in linear equations, the solution is always a single point, while in nonlinear equations, the solutions may be multiple points or a curve.
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