-2<em>x</em> + 6<em>y</em> = -38
3<em>x</em> - 4<em>y</em> = 32
To solve by elimination, multiply the top equation by 3 and the bottom equation by 2.
3(-2<em>x</em> + 6<em>y</em> = -38) --> -6<em>x</em> + 18<em>y</em> = -114
2(3<em>x</em> - 4<em>y</em> = 32) --> 6<em>x</em> - 8<em>y</em> = 64
Add the equations.
-6<em>x </em>+ 18<em>y</em> = -114
6<em>x</em> - 8<em>y</em> = 64
+_____________
0 + 10<em>y</em> = -50
10<em>y</em> = -50
<em>y</em> = -5
Substitute -5 for y into one of the original equations to find x.
3<em>x</em> - 4<em>y</em> = 32
3<em>x</em> - 4(-5) = 32
3<em>x</em> + 20 = 32
3<em>x</em> = 12
<em>x</em> = 4
Check work by plugging the <em>x</em>- and <em>y</em>-values into both of the original equations.
-2<em>x</em> + 6<em>y</em> = -38
-2(4) + 6(-5) = -38
-8 - 30 = 38
38 = 38
3<em>x</em> - 4<em>y</em> = 32
3(4) - 4(-5) = 32
12 + 20 = 32
32 = 32
Answer:
<em>x</em> = 4 and <em>y</em> = -5; (4, -5).
Answer:
1.2
Step-by-step explanation:
15 ÷ 12.50 = 1.2
12.50(1.2)= 15
$187,500 is cost of house. 20%, or $37,500 is the down payment. The loan amount would be $187,500 - $37,500 = $150,000. If we assume the annual rate of the loan is 4.65% Then the monthly rate would be 4.65%/12 = 0.3875% If the loan is $150,000, the interest is 0.3875% The interst for the first month is $150,000 * 0.3875% = $581.25. You stated that their payment is $1,575. So the amount that pays off the loan is $1,575 - $581.25 = $993.75. At the end of the month, they owe $150,000 - $993.75 = $149,006.25 For the second month, the amount of the payment that goes towards intrest is $149,006.25 * 0.3875% = $577.40. and the amount that goes towards the loan is $997.60. At the end of the second month they owe $148,008.65. Regarding realized income, we recommend a monthly loan payment not to exceed 28% of the monthly income. So if a payment of $1,575 is 28% of Gross, then the math is : $1,575 = 0.28*Gross. Gross = $5,625 monthly. About $67,500 annually. About $33.75 an hour.