Answer:
x= 97/3
Step-by-step explanation:
The answer is 692.857143
Hope this helps! :)
The wording "earns 8% interest each year" does not make it clear whether the savings account interest is compounded. (It usually is in real life, but not always in math problems.) The graphical solution shows both simple interest and interest compounded annually.
Simple interest: the balances will both be $2941.18 after 5.88 years.
Compound interest: the balances will both be $3111.06 after 5.74 years.
Y= -1x +5
Just take out the zero for the y intercept.
Hope I helped ^u^