<span>Total Cost/Price: 529.74
</span>Total Tax: <span>39.24
</span>
The Solution:
From the graph, there is a point of intersection between the graphs of the two equations in the system. This implies that:
There is a viable solution to the given system of equations at the point where the two lines intersect, that is, at the point (26,34).
So, the correct answer is [option 3]
Answer:
<u>The correct answer is C. It is the original amount of money the bank loans the borrower.</u>
Step-by-step explanation:
Let's recall that are five basic elements for calculating the payment of a loan:
1. The principal. How much money you borrow.
2. The interest rate. How much money you will pay in addition to the principal.
3. The period of time. How long will it takes you to pay the loan.
4. The frequency of payment. Will you pay every month?, every quarter?, every year or maybe every two weeks?
5. Additional payments. When you have additional income seasonally and you want to lower either the period of time or the interests to pay.
Let's use the slope intercept form of a line which is:
y=mx+b where m=slope and b=y-intercept.
Mathematically m=(y2-y1)/(x2-x1) and the y-intercept is just the value of y when x is equal to zero, where the line intercepts the y axis...
First you want to find the slope by finding two clearly identifiable points on the graph...I'll pick (4,4) and (0,1), now we can calculate the slope or "m"...
m=(4-1)/(4-0)=3/4 so now we can say our line is:
y=0.75x+b, using point (4,4) we can now solve for b.
4=0.75(4)+b
4=3+b
b=1 so the line is"
y=0.75x+1
<h3>
Answer: Choice E</h3>
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Explanation:
Think of 25 as 25/1 and 5 as 5/1
Choice E is really saying 
which becomes 
. Note the second fraction flips and we change to a multiplication sign.
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Or you could think of it like this:
to help see why the answer is E.
