Answer:
This system has no points of intersection.
Step-by-step explanation:
The lines are parallel, so they don't intersect.
I graphed the equations below to show you how they are parallel.
56,000
Slope = -3/2
-Chetan K
200.4 at 0.25%
Given data
P= P200
r= 0.25%
t= 1 year
n= 12
A= P(1+ r/n)^nt
substitute
A= 200(1+ 0.0025/12)^12*1
A= 200(1+ 0.00020833333)^12
A= 200(1.0002)^12
A= 200* 1.002
A= 200.4
Hence the amount is 200.4 at 0.25%
