Max deposits money into a savings account that earns 3.5% interest applied annually. If Max initially deposits $450 into the acc
ount, how much money does the account hold after 5-years if Max does not deposit or withdraw any additional money
1 answer:
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Answer:
The system of equations has one solution at (-4, 4).
Step-by-step explanation:
We are given the system of equations:
We can use elimination to solve this system. We need to multiply the second equation by -5 so we can cancel out our x-terms.
Therefore, our system now becomes:
Now, we can add these two equations together and solve for y.
Now, we can substitute our value for y into one of the equations and solve for x.
Therefore, our final solution is (-4, 4).