Answer:
1.55%
Step-by-step explanation:
Fill in the values and solve for the rate using the future value formula.
FV = P(1 +r/n)^(nt)
4720 = 4300(1 +r/12)^(12·6)
(4720/4300)^(1/72) = 1 +r/12
r = 12(4720/4300)^(1/72) -1) ≈ 0.015542
The annual interest rate is about 1.55%.
X=-3/5
3
- ---
5
X=-3/5 would be the answer
Answer:
SOLUTION: x + y =5 2x - y =4 -2x +-2y = -10 2x-y =4 2x - y = 4 2x -2 =4 3y -6 __ ___ 3 = 3 y = -2 __ then lost - is this right so far a