Answer:
He earned $114 in interest.
The final amount in the account is $874
Step-by-step explanation:
Initial balance (b): $760
Interest rate (i): 0.05
Period (n): 3 months
Simple interest applications yield the same amount in interest every period. Therefore, the total simple interest earned can be defined by:
The final amount (A) in the account is the initial balance plus the interest earned in 3 months.
He earned $114 in interest and the final amount in the account is $874
Answer:
Step-by-step explanation:
<u>Given system:</u>
The solution is the common area shaded by the inequalities.
The lines are parallel because of same slope.
Both lines are solid because of equal sign in both inequalities.
The first inequality has a y-intercept of 1 and shaded area is to the left of the line since the value of y is greater as x increases.
The second inequality has a y-intercept of -2 and shaded area is to the right of the line since the value of y is greater as x increases.
The matching graph is the second picture (or attached below) and there is no solution.
