Answer:
Rent in 10th year = $5345.90
Step-by-step explanation:
Rent of apartment during first year = $1800 per month
But growth in rent with 11.5% per year will be represented by the exponential function,
Rent in 't'th year =
=
=
Therefore, rent during 10th year will be,
Rent in 10th year =
= $5345.90
Answer:
The solution is obtained by adding the two equations.
The solution is: (x, y) = (,
)
Step-by-step explanation:
We are given two equations with two variables. The strategy is to eliminate one variable and solve for both the variables.
The two equations are:
Adding both the equations, we get:
Substituting the value of 'x', we get the value of y.
We substitute in (2). [Can be substituted in any equation].
We get: y = 2x - 1
So, we get the corresponding values of x and y which is the solution of the two equations.