Answer:
$1445.11
Step-by-step explanation:
The formula to use would be:
Where
F is the future amount (what we want to find)
P is the present (principal) amount (this is 400)
r is the rate of interest, monthly (1.8% or 0.018)
t is the time in months (6 years = 6 * 12 = 72)
Now substituting, we get:
After 6 years, the CD will be worth $1445.11
Answer:
The correct option is 1.
Step-by-step explanation:
Inconsistent system: If the given system has no solutions, then it is an inconsistent system.
Consistent and independent system: If the given system has only one solutions, then it is an consistent and independent system.
Consistent and dependent system: If the given system has many solutions, then it is an consistent and dependent system.
The given equations are
.... (1)
..... (2)
Add both equations.
Substitute this value in equation (1).
The system of equations has only one solution, i.e.,(3,5).
Therefore the given system is consistent and independent. Option 1 is correct.