How many years will $400 yield an interest of $112 at 14% simple interest
1 answer:
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Answer:
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Step-by-step explanation:
The fastest way to do this is to convert both equations into slope-intercept form and graph it to find the solution point. If you wanted to do this algebraically, you might want to start out by getting rid of the fractions and using either substitution or elimination to find x and y.
Answer:
Step-by-step explanation:
Use the midpoint formula:
So, the Change In X is 2-8 = -6
And the Change in Y is 7-4 = 3
Once you divide both of the changes by 2, you get
X: -3
Y:
So the midpoint is: