Answer:
The nominal annual interest rate is 15%.
The effective interest rate is 16.08%.
Step-by-step explanation:
$9,375 = $325 (P/A, i%, 36)(P/A, i%, 36)
= $9,375/$325= 28.846
From compound interest tables, i = 1.25%
Nominal Interest Rate= 1.25 x 12= 15%
Effective rate = (1+ (0.15/36))^36-1=1.004^36-1= 16.08%
Answer:
|x-15|=0
Step-by-step explanation:
Obviously.
let L = length and let W = width.
Use the equations 2L + 2W = 2750
and L = 5W + 15
Then do the steps as follows -
1. Plug the equation for what L equals into the first equation
2(5W+15) + 2W = 2750
2. Then distribute the 2
10W + 30 + 2W = 2750
3. Then add like terms
12W + 30 = 2750
4. Then subtract 30 from both sides
12W = 2720
5. Divide by 12 on both sides
W = 226.67
6. Then plug that into the second equation
L = 5(226.67) + 15
L = 1148.35 should be the answer
Answer:
Line
intersects line 
Step-by-step explanation:
We are given that


Subtract one equation from other then we get



Substitute the value of x in first equation then we get

Hence, the solution
is the intersection point of two line equations .
Answer:Line
intersects line 
4x = 3y - 8
4 4
x = ³/₄y - 2
-16x + 4y = 32
-16(³/₄y - 2) + 4y = 32
-16(³/₄y) + 16(2) + 4y = 32
-12y + 32 + 4y = 32
-12y + 4y + 32 = 32
-8y + 32 = 32
- 32 - 32
-8y = 0
-8 -8
y = 0
x = ³/₄y - 2
x = ³/₄(0) - 2
x = 0 - 2
x = -2
(x, y) = (-2, 0)