ifying an Error Examine the work shown. Explain the error and find the correct result. 2(4 – 16) – (–30) 2(–12) – (–30) 24 – (–3
3 answers:
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Answer:
$507.30
Step-by-step explanation:
-Given the monthly deposits are $425 and the interest rate is 3.5% for 30 years.
-The amount of the investment after 30 years is calculated as;
-Assuming Saul started saving at age 20, his investment term will be 40 yrs.
-His investment amount is thus:
#We subtract to find how much more he would have if he started saving at 20;
Hence, Saul would have $507.30 more had he started saving 10 years earlier.
2x+5y=20
X=10-2.5y
-2(10-2.5y)+20y=-90
-20+5y+20y=-90
25y=-70
Y=2.8
2(2.8)+5y=20
5.6+5y=20
5y=14.4
Y=2.88
CHECK:
2(2.8)+5(2.88)=20
X=10-2.5y
-2(10-2.5y)+20y=-90
-20+5y+20y=-90
25y=-70
Y=2.8
2(2.8)+5y=20
5.6+5y=20
5y=14.4
Y=2.88
CHECK:
2(2.8)+5(2.88)=20