You know the solution to the system is equal because it's a number equals to the same number
Answer:
6 1/3
Step-by-step explanation:
8 1/2 - 2 1/6
you need to get a common denominator of 6
1/2 * 3/3 = 3/6
8 3/6
-2 1/6
-----------
6 2/6
we can simplify 2/6 by dividing top and bottom by 2
6 2/6 = 6 1/3
Answer:
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Answer: $4,365.10
Step-by-step explanation:
Ok, we know that:
The account starts with $2350
There is a simple interest of 3.75% (or 0.035).
Then after one year, the amount in the account will increase by 3.75%, this means that the amount will be:
$2350 + 0.035*$2350 = (1.035)*$2350.
After another year, we have the same increase (but applied to the new amount in the account):
(1.035)*$2350 + 0.035*(1.035)*$2350. = (1.035)^2*$2350
And so on.
You already can see the pattern here, the amount of money in the saving account after N years will be:
M(N) = $2350*(1.035)^N.
Now we can answer:
what is the balance of the account if it earns a simple interest of 3.75% for 18 years?
Just replace N by 18 in that equation:
M(18) = $2350*(1.035)^18 = $4,365.10
Answer:
Step-by-step explanation:
