You substitute the variables with the number into the equations and set the equations equal to each other and solve ( systems of equations )
Answer:
50%
Step-by-step explanation:
⠀⠀┏━╮╭━┓⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀┃┏┗┛┓┃⠀⠀⠀⠀⠀⠀⠀⠀
⠀⠀╰┓▋▋┏╯⠀⠀⠀⠀⠀⠀⠀⠀
⠀╭━┻╮╲┗━━━━━╮╭╮⠀
⠀┃▎▎┃╲╲╲╲╲╲╲┣━╯⠀
⠀╰━┳┻▅╯╲╲╲╲╲┃⠀⠀⠀
⠀⠀⠀╰━┳┓┏━┳┓┏╯⠀⠀⠀
⠀⠀⠀⠀⠀┗┻┛⠀┗┻┛⠀⠀⠀⠀
Answer:
$2400
$12,400
Step-by-step explanation:
Simple interest equation:
PV(1+it)
we have
10000(1+.06*4)
10000(1.24)
12400
Subtract the PV to get the interest earned
12400-10000= 2400
We just found that the total would be 12,400 and so part B is already solved