Answer:
55/8
Step-by-step explanation:
hope this was helpful
x for 2 pointquestion y for 4 point question
x+y=40
2x+4y=100
x=40-y
80-2y+4y=100
2y=100-80
2y=20
y=10
x=40-10=30
Answer:
plz explain what and means
Step-by-step explanation:
Here, number of periods (years), n=5
Annual interest rate, i=0.05 (compounded yearly)
Present value/deposit, P=100
Future value of deposit = P(1+i)^n=100(1.05^5)=127.63 (to the nearest cent)
Answer: After 5 annual interest payments, Bob will have 127.63 in his account.
