Answer:
The balance is
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
X + y = 2 —> y = 2 - x
insert to first equation
2-x=x^2-3x-6
x^2 - 3x - 6 - 2 + x = 0
x^2 - 2x - 8 = 0
(x-4)(x+2) = 0
x = 4 or x = -2
You could factor it as 2(x + 3)
I will solve for you right now.