You may start out with a "line of credit" agreement with a bank that allows you to create relatively small loans by the bank to yourself at a specified interest rate and under other specific terms. Of course you must repay these loans, with interest, and that's how the bank makes its money.
If you fail to repay the bank, the bank may close your account and demand that you immediately repay all the money you owe it. A "closed line of credit" is a pretty sad thing.
Answer:
the second answer is wrong, and the rest is all correct
Step-by-step explanation:
The GCF has to be the largest factor they share, but it's not necessary for it to be large.
Inequalities help us to compare two unequal expressions. There exists no solution to the given set of inequalities.
<h3>What are inequalities?</h3>
Inequalities help us to compare two unequal expressions. Also, it helps us to compare the non-equal expressions so that an equation can be formed. It is mostly denoted by the symbol <, >, ≤, and ≥.
The given Inequalities can be solved as,
5 - x > 7
-x > 7 - 5
-x > 2
x < -2
2x + 3 ≥ 13
2x ≥ 10
x ≥ 5
As per the solution of the two inequalities, the value of x should be less than -2 but at the same time, it should be more than or equal to 5, which is impossible. Thus, there is no solution for the given inequalities.
This can be confirmed by graphing the two inequalities, as shown below. Since there is no area in common between the two inequalities, there exists no solution to the given set of inequalities.
Learn more about Inequality:
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Wallace will pay $6,325 after 6 years.
Given:
Principal = 5,000
interest rate = 4%
Term = 6 years
Compound Interest means that the interest earned will also be earning its own interest.
Compound Interest = Principal x (1+r)^t
C.I. = 5,000 x 1.04⁶
C.I. = 5,000 x 1.265
C.I. = 6,325 TOTAL AMOUNT HE WILL PAY.
6,325 - 5,000 = 1,325 interest for 6 years.