The simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
<h3>What is simple interest?</h3>
Simple interest refers to the interest calculated only on the principal.
With the simple interest method, the borrower only pays interest on the principal without considering the previously-accumulated interests.
<h3>Data and Calculations:</h3>
Principal = $4,700
Interest rate = 4%
Period = 10 months
Simple interest = $156.67 ($4,700 x 4% x 10/12)
Thus, the simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
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He could have put that they are the same shape for A and B but they are flipped around
Answer:
<h2> (-1, 3)</h2>
Step-by-step explanation:
2x + y = 1 ⇒ y = 1 - 2x
3x - y = -6
3x - (1 - 2x) = -6
3x - 1 + 2x = -6
+1 +1
5x = -5
÷5 ÷5
x = -1
y = 1 - 2(-1) = 1 + 2 = 3