The value of x and y in the given equation is determined -1 and -2 respectively.
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Value of x and y</h3>
The value of x and y can be determined by solving the two equations simultaneously.
y = -2x - 4 ----- (1)
y = 4x + 2 ----- (2)
solve (1) and (2) together
-2x - 4 = 4x + 2
-6x = 6
x = -1
y = 4(-1) + 2
y = -4 + 2
y = -2
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177.78 is the present value of $200 received in one year.
What do interest rates mean?
- An interest rate indicates how expensive borrowing is or how lucrative saving is.
- Therefore, if you are a borrower, the interest rate is the sum you pay for borrowing money and is expressed as a percentage of the overall loan amount.
What is an example of interest rates?
The basic interest formula is as follows, for instance, if you take out a $20,000 loan with a five-year term and a 5% interest rate: $5,000 in interest results from multiplying $20,000 by.05 by 5.
PV=FV * (1+i)^-n
=200\1.125
= 177.78
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Answer:
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Step-by-step explanation:
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Answer:
12.5%
Step-by-step explanation:
Please let me know if you want me to add an explanation as to why this is the answer. I can definitely do that, I just wouldn’t want to write it if you don’t want me to :)