Answer:
\simeq 14.94 billion dollars
Step-by-step explanation:
During the period 1994 - 2004, the 'National Income' ,(NI) of Australia grew about 5.2% per year (measured in 2003 U. S, dollars). In 1994 , the NI of Australia was $ 4 billion.
Now,
(2020 - 1994) = 26
Assuming this rate of growth continues, the NI of Australia in the year 2020 (in billion dollars) will be,
=
=\simeq 14.94 billion dollars (answer)
Put (1) to (2):
Substitute the value of x to (1):
Solution:
Answer:
A. (1, -2)
B. the lines intersect at the solution point: (1, -2).
Step-by-step explanation:
A. The equations can be solve by substitution by using the y-expression provided by one of them to substitute for y in the other.
This gives ...
3x -5 = 6x -8
Adding 8-3x to both sides, we get ...
3 = 3x
Dividing both sides by 3 gives ...
1 = x
Substituting this value into the first equation, we can find y:
y = 3(1) -5 = -2
The solution is (x, y) = (1, -2).
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B. The lines intersect at the solution point, the point that satisfies both equations simultaneously. That point is (1, -2).
