A 12500 loan for 3 years compounded at an annual interest rate of 18%
2 answers:
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Answer: option c
Step-by-step explanation:
Find the x-intercept and y-intercept of each line.
To find the x-intercept, substitute into the equation and solve for "x".
To find the y-intercept, substitute into the equation and solve for "y".
- For the first equation:
x-intercept
y-intercept
Graph a line that passes through the points (7.25, 0) and (0, 9.66)
- For the second equation:
x-intercept
y-intercept
Graph a line that passes through the points (0.5, 0) and (0, -0.33)
Observe the graph attached. You can see that point of intersection of the lines is (5,3); then this is the solution of the system. Therefore:
