Your interest formula is given to you.
<span>Interest in a year = principal (the amount invested) * rate (the interest rate) * period (the time you're measuring) </span>
<span>Interest = 55,000 * 2% * 1 year = 55,000 * 0.02 * 1 = $1,100 </span>
<span>How much would you need to have made for your spending power to keep with inflation? Your interest rate would have needed to match the inflation rate, otherwise, prices are going up faster than you're saving. </span>
<span>Required interest = 55,000 * 3.24% * 1 year = 55,000 * 0.0324 * 1 = $1,782 </span>
<span>How much buying power did you lose? The difference between your required interest and your actual interest. </span>
<span>Buying power lost = 1,782 - 1,100 = $682. You lost this much in buying power. </span>
9x - 2y = 11 ... (i)
5x - 2y = 15 ... (ii)
Subtracting equation (ii) from (i) we get;
4x + 0 = -4
4x=-4 , x = -1
Replacing x = -1 in equation (i) we get;
9(-1) - 2y = 11
-9 - 2y = 11
-2y = 20
y = 20 ÷ -2 = -10
The solution to the system of equations is (-1,-10).
There are a few ways to solve this. The method I will use is the substitution method. Since they give us a "y = " statement, we can replace the y in the second equation with what it gives us to the right of the equal sign.
- 3x + 6(- 2x - 1) = 24
Simplify by using the distributive property.
- 3x + 6(- 2x) + 6(- 1) = 24
- 3x - 12x - 6 = 24.
Combine like terms
- 15x - 6 = 24
Add 6 to each side.
- 15x = 30
Divide both sides by - 15 to isolate variable X
x = 30 / - 15
x = - 2.
Now plug in the x-value we've found back into the first equation.
y = - 2( - 2) - 1
y = 4 - 1
y = 3
Your answer is (- 2, 3)
Answer:
$140
Step-by-step explanation:
Total Amount of chocolate = 100 Pounds
Amount of chocolate in one box = 1 1/4 Pounds = 5/4 Pounds
Number of boxes = 100/(5/4) = 80 boxes
Cost of one box = $1.75
Total selling price = 80×1.75 = 140
The total selling price for all the boxes of chocolate is $140
For this case we propose a system of equations:
x: Represents the amount of small popcorn tubs
y: Represents the amount of large popcorn tubs
According to the data we have to:
(Spending all the money in your wallet)
(Buying 7 popcorn tubs)
From the second equation we have:
Substituting in the first equation:
Thus, Katie can buy 3 large tubs of popcorn.
So:
In addition, you can buy 4 small tubs of popcorn.
Answer:
3 large popcorn tubs.
4 small popcorn tubs.
