Is ( 7, 1) a solution to this system of equations? X+7y=14 13x+8y=4
1 answer:
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Answer:
Factoring the expression using the GCF we get
Step-by-step explanation:
We need to factor the expression using the GCF :
GCF stands for greatest common divisor.
We need to find the greatest number that is divisible by both terms.
The greatest number that is divisible by both terms is 4
So, Now factoring the term:
So, factoring the expression using the GCF we get
Given Information:
Principle amount = P = $6,000
Interest rate = r = 4% = 0.04
Period in years = t = 5
Required Information:
How much interest will he earn in 5 years = ?
Answer:
Amount of interest = $1,299.92
Step-by-step explanation:
Using the formula given in the question,
Where B is the final amount, P is the initial amount, r is the interest rate and t is the number of years
The amount of interest earned is
Therefore, Quincy has earned $1,299.92 in terms of interest by investing $6,000 in a savings account at the rate of 4% annual interest for a period of 5 years.