If x-y =8 find the value of y when x=3

1 answer:

8 0

Answer: y = -5

Substitute in 3 for x.
x - y = 8 Substitution
3 - y = 8 Subtract 3 from both sides
-y = 5 Divide by -1 to both sides
y = -5 Answer!

You can also check your work.
x - y = 8
3 - (-5) = 8
3 + 5 = 8
8 = 8

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Account A and Account B both have a principal of $2,000 and an annual interest rate of 2%. No additional deposits or withdrawals

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Answer:

Account B earns more interest.

After 20 years, account B will have earned $171.89 more.

Step-by-step explanation:

Let's calculate the total for each account.

Account A:

Account A earns simple interest. We know that the principal value is $2000 and the interest rate is 2% or 0.02. We can use the simple interest formula:

$A=P(1+rt)$

Where A is the future value, P is the principal, r is the rate, and t is the time in years.

So, let's substitute 2000 for P, 0.02 for r, and 20 for t. This yields:

$A=2000(1+0.02(20))$

Multiply and add:

$A=2000(1+0.4)=2000(1.4)$

Multiply. So, the total amount of money in Account A after 20 years is:

$A=\$2800$

Since we initially deposited $2000 and our total is now $2800, this means that we earned an interest of $2800-2000=\$ 800$

Account B:

Account B earns compound interest. Like Account A, Account B has a principal value of $2000 and the interest rate is 2% or 0.02. We also know that it's compounded annually, so once per year. We can use the compound interest formula:

$B=P(1+\frac{r}{n}})^{nt}$