Answer:
x = - 39/148
y = -6/37
Step-by-step explanation:
substitute the given value of y into the equation to get 8x-13 (12x+3)=0
solve for x to get x= - 39/148
substitute the given value of x into 12x+3=y
12 x (-39/148) + 3 = y
-6/37 = y
Answer:
y=32
Step-by-step explanation:
The relationship between the value of x and y is multiplying by 8, therefore when x equals 4, y equals 32.
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When calculating the loan's effective rate, the most accurate statement is that the effective rate will exceed the nominal rate.
<h3>Effective Annual Rate:</h3>
The interest rate for the entire year is known as the effective annual rate (EAR). Interest charges are incurred when a company uses debt or capital leases to fund its operations.
Interest is reported on the income statement, but it can also be generated on an investment or paid on a loan over time due to compounding interest.
It is frequently larger than the marginal rate and is used to compare various financial products with different compounding periods, such as weekly, monthly, and yearly.
The effective yearly interest rate rises over time as the number of compounding periods increases.
Therefore, the correct option is A.
Learn more about the loans here:
brainly.com/question/2405320
12.5663706144 or yes, 12.57
Wow you are doing great sweetie keep up the good work but the answer is 7-1+510
