Answer:
0.05
Step-by-step explanation:
divide 100 by 20
30,000
the way you can solve this is by removing all numbers in front of the selected number(in this case, 2 should be removed) then change all numbers behind to 0.
Cancel something
we cancel x's
multiply 1st equation by 5 and 2nd by 7 and add them
-35x-30y=-5
<u>35x-28y=7 +</u>
0x-58y=2
-58y=2
divide both sides by -58
y=-1/29
sub back
5x-4(-1/29)=1
5x+4/29=1
minus 4/29 from both sides
note, 1=29/29
5x=25/29
divide bot sides by 5 (or times 1/5)
x=5/29
(5/29,-1/29)
We all know, savings account have "Compound Interest"
So, Here, On $100 deposit, amount of Interest = $12
So, for $50, it would be: $6
Then, for $300, it is: $36
b) If you deposit $200, then balance after 1 year,
A = P(1 + r)^t
A = 200(1 + 0.03)^1
A = 200(1.03)
A = $206
Now, Balance with $150
A = 150 (1 + 0.03)^1
A = 150(1.03)
A = 154.5
Difference = 206 - 154.5 = $51.5
In short, Your Answer would be: $51.5
Hope this helps!
