Answer:
$11040
Step-by-step explanation:
first of all the question says that $4000 were earned in a year and asks for what the new vale would be after the next 3 years with a discount rate of 8%.
If 1 year=$4000,then 3 years=$12000
100%-8%=92% (this happens because there is still a remaining amount that still has a cost to it),so 12000*92%=$11040
Answer: 0.707
Step-by-step explanation:
X+ 3y = 1 -----(first equation)
-2x+7 = -23 ---(second equation)
-2x = -23-7
x = 30/2
x = 15
Now, Substitute the value of x in first equation,
15 + 3y = 1
3y = 1 - 15
y = -14/3
In short, Final Answers are: x = 15 & y = -14/3
Hope this helps!
