WILL GIVE BRAINLIEST PLEASE HELPP PLEASE HLEP
2 answers:
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Answer:
Step-by-step explanation:
y = 3 - xy
Let x = 1
y = 3 - (1)y
Expand brackets.
y = 3 - y
Add y to both sides.
2y = 3
Divide both sides by 2.
y = 3/2
The interest rate is 3.5%.
EXPLANATION
We substitute the given values into the formula;
to obtain
We divide through by 6000 to obtain,
This implies that,
We take the square root of both sides,
This gives us,
Add -1 to both sides of the equation to obtain
Multiply through by 100 to obtain;
%
EXPLANATION
We substitute the given values into the formula;
to obtain
We divide through by 6000 to obtain,
This implies that,
We take the square root of both sides,
This gives us,
Add -1 to both sides of the equation to obtain
Multiply through by 100 to obtain;