How many solutions does the system of equations below have? y= 3x + 4 y+ 6 = 3x
2 answers:
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The answer is 8 for everyone that need help :P
Answer:
$864.94
Step-by-step explanation:
So the amount of money over time can be given with an exponential function y=a(b)^x or more specifically y=a(1+r)^x where r is the growth rate (interest rate)
So the equation can be written as
where m represents the amount of money over time, P represents the principle amount, and t represents time in years. Since we're given the amount of interest paid and not the total amount which includes the initial amount borrowed you have to subtract P from the equation. This will give us the equation that we'll use to find the initial amount
where I represents the interest paid.
plug the values into the equation