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Y_Kistochka [10]
3 years ago
11

A certificate of deposit whith principal $150 earns 4%annual interest for 2 years

Mathematics
1 answer:
Leokris [45]3 years ago
4 0

Answer:

$162 ( or 162.24 when interest compounded)

Step-by-step explanation:

If 4% is simple interest, $150 after 2 years

150 x (1 + 0.04 x 2) = 150 x 1.08 = 162.00

If it is compound interest

150 x (1 + 0.04)² = 150 x 1.0816 = 162.24

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2x + y = 12<br> 4x - 3y = 2
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Answer:

The value of x for equation is 3.4

The value of y for equation is 5.2  

Step-by-step explanation:

Given as :

The two linear equation are

2 x + y = 12           ........A

4 x - 3 y = 2              .........B

Now, Solving both equations , we get

3 × ( 2 x + y ) + (4 x - 3 y) = 3 × 12 - 2

Or, 6 x + 3 y + 4 x - 3 y = 36 - 2

Or, (6 x + 4 x) + (3 y - 3 y) = 34

Or, 10 x + 0 = 34

∴  x = \dfrac{34}{10}

i.e x = 3.4

So, The value of x for equation , x = 3.4

Put the value of x into eq A

∵ 2 x + y = 12

Or, y = 12 - 2 x

Or, y = 12 - 2 × 3.4

Or, y = 12 - 6.8

∴ y = 5.2

So, The value of y for equation , y = 5.2

Hence, The value of x for equation is 3.4  and The value of y for equation is  5.2   Answer

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