Answer:
It will take 88.2 months to accumulate the amount
Step-by-step explanation:
Given;
Future value of money, FV = $25,000
investment per compound period, P = $200
interest rate, i = 0.75% x 12 = 9%
The number of monthly installments required to amount to FV is given by;
Therefore, it will take 88.2 months to accumulate the amount.
Answer: The refrigerator cost in this month is $4.5 approximately.
Step-by-step explanation:
Since we have given that
Amount of watt of electric power = 320 W
Number of days = 30
Unit cost of electricity = $0.13/Kwh
Hold factor =
Number of hours in a month = 24
So, the refrigerator cost in this month would be
Hence, the refrigerator cost in this month is $4.5 approximately.
Answer:
C. x+y = 1 and -x-y = -1
Step-by-step explanation:
Remember that if a system of equations has an infinite number of solutions, then the resulting equation from using the first step of the elimination method would have no variables and would be true.
1) Let's try canceling out the equations in option C, x+y =-1 and -x-y =-1. Add the two equations together. (Work shown in attached picture.)
2) All of the terms cancel out with each other, leaving only a true statement of 0 = 0. Thus, option C is the answer.
