An amount of $35,000 is borrowed for 6 years at 4.5% interest, compounded annually. if the loan is paid in full at the end of th
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Answer:
(3,2)
Step-by-step explanation:
Let's solve this via elimination method:
By subtracting equation 2 from equation one we obtain:
Next we can use any equation either 1 or 2 to determine what x is, I'll use equation 1. Let y=2 and so:
Therefore the solution for the system of equations is:
x=3 and y = 2 as an ordered pair we have (3,2)
