Your friend incorrectly says the solution to the equation 11.2y - 7.4y=141.36 is y=7.6 what error did your friend make?
2 answers:
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Answer:
0.06% annually
Step-by-step explanation:
Divide $720 by 3. We get $240, so we know this is the amount of interest we get per year. Dividing $240 by $4,000 gives us