Measures change in price levels of market s
Answer:
x=4, y=2
Step-by-step explanation:
2x - y = 6
x + y = 6
Add these together to eliminate y
2x - y = 6
x + y = 6
-----------------
3x = 12
Divide by 3
3x/3 = 12/3
x=4
But we still need y
x+y =6
4+y =6
Subtract 4 from each side
4+y-4 = 6-4
y=2
<h3>Y
ou have the correct answer</h3><h3>Interest rate = 21.5%</h3>
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Work Shown:
i = P*r*t .... simple interest formula
i = simple interest
i = 2075-1000 = 1075
P = 1000 = amount borrowed (principal)
r = unknown interest rate
t = 5 = time in years
So,
i = P*r*t
1075 = 1000*r*5
1075 = 5000r
5000r = 1075
r = 1075/5000
r = 0.215
r = 21.5%
Answer:
1:23
Step-by-step explanation:
20 / 460
= 1 / 23
= 1:23
Hi the answer is 60 but the picture will show you the work!!