Answer:
<em>1500(1.02)^x + 600x</em> is how much he has in savings at the end of x years where it be in the bank or elsewhere
Step-by-step explanation:
x is in years
Let's just think about the investment of 1500 in an account earning 2% per year.
Before the years even start, you are at 1500 ( present value).
The next year (year 1), it would be 1500*.02+1500=(1500)(1.02).
The next year (year 2), it would be 1500(1.02)(.02)+1500(1.02)=1500(1.02)(1.02).
We keep multiplying factors of (1.02) each time.
So for year x, you would have saved 1500(1.02)^x.
Now we are saving 50 cash per month. Per year this would be 12(50) since there are 12 months in a year. 12(50)=600.
So the first year you would have 600.
The second year you would have 600(2) or 1200.
The third year you would have 600(3) or 1800.
Let's put this together:
1500(1.02)^x + 600x
So, since there are two equations, we can substitute one of them into the other. In this case, it would be easiest to substitute 2b=6a-14 into the other equations. But first, simplify by dividing both sides by 2. You bet b=3a-1
We can now plug this into the other equation
Sine the equation b=3a-1 results in the value of b, we have to plug in for the value of b in the other equation
So this is what we get after plugging in:
3a-(3a-1)=7
Now, simplify. 3a-3a+1=7
Since 3a-3a = 0, this equation results in a no solution
Answer:
The result is a no-solution, or Ф
Hope this helped!! :D
The conclusion is that both gym charge the same, because the identity 75 = 75 means that the two equations are equivalent (the same).
Answer:
Yes you did good job
Step-by-step explanation:
