ANSWER

EXPLANATION
The first equation is

The second equation is

We want to eliminate y, so we multiply the first equation by



We now subtract equation (3) from (2)



Multiply both sides by



Substitute into the first equation to solve for x .

Multiply to obtain



Multiply both sides by 2.


The solution is

Answer:
Step-by-step explanation:
The expression 1.01-1.005 gives the amount of money, in thousands of dollars, in Carter's savings account t years after he opens it What does 1.01 represent in this expression? Choose 1 answer Carter opened the savings account I year ago ⓢ Carter's savings account had $1,010 in it when he opened it. The amount of money in Carter's savings account increase by 1% each year.
1.01 ( 1.005 )^t
standard exponential equation is
y = a (b)^x
where a = initial value
comparing the two equations
we get
a = 1.01
so, it means 1.01 means Carters saving account had $ 1010 in it when it opened