When solving a system by graphing you need to see where the lines intersect.
Below is a picture of these lines graphed. The green line is y = x +4 and the blue line is y = 4x - 1
The red dot represents the intersection is about (1, 5)
The original point is: (1.667, 5.667)
Hope this helped!
Answer:
It is VERY important to use the attached formula.
Years = ln (Total / Principal) / rate
Years = ln (6,000 / 2,000) / rate
Years = ln (3) / rate
Years = 1.0986122887 / .015
Years = 73.24 years
This takes a LONG time because the interest rate is extremely low.
Step-by-step explanation:
