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faltersainse [42]
3 years ago
5

Imogene invested $8,000 in a bank account that pays 8 percent simple interest at the end of each year. Her friend invested the s

ame amount in stocks where the growth of the investment is represented as 2,000 times the square root of 2 less than the time lapsed in years. If y1 and y2 represent the amount earned in dollars and t is the time lapsed in years, which system of equations correctly represents the situation
Mathematics
1 answer:
Natali5045456 [20]3 years ago
5 0

The right system of equations to describe the situation would be on the form:

x1 = 8000 + y1*t

and

x2 = 8000 + y2*t

where x1 and x2 represents the total money of Imogene and her friend respectively at the end of t years.

Now for the value of amount earned, y1 and y2:

y1=8000*0.08

y2=2000*√(t-2)

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