Answer:
x = 0.1, y = 0.075
Step-by-step explanation:
Given the 2 equations
27x + 24y = 4.5 → (1)
1.5x + y = 0.225 → (2)
Multiplying (2) by - 24 and adding to (1) will eliminate the y- term
- 36x - 24y = - 5.4 → (3)
Add (1) and (3) term by term to eliminate y
- 9x = - 0.9 ( divide both sides by - 9 )
x = 0.1
Substitute x = 0.1 into either of the 2 equations and solve for y
Substituting into (2)
1.5(0.1) + y = 0.225
0.15 + y = 0.225 ( subtract 0.15 from both sides )
y = 0.075
Answer:
1+1 = 2
Step-by-step explanation:
Deposit $625 into a money market account with a 5% rate for 1 year would result in more money.
<h3>The interest rate of the bank</h3>
To do this, we make use of 1.50% interest rate
<h3>The exponential
growth equation</h3>
Here, we have:
Initial, a= 625
Rate, r = 1.5%
The exponential growth equation is
A(t) = a * (1 + r)^t
So, we have:
A(t) = 625 * (1 + 1.5%)^t
Evaluate
A(t) = 625 * 1.015^t
Hence, the exponential growth equation is A(t) = 625 * 1.015^t
<h3>The
value in 25 years</h3>
Here, t = 25.
So, we have:
A(25) = 625 * 1.015^25
Evaluate
A(25) = 906.84
Hence, the value in 25 years is $906.84
<h3>The investment with more money</h3>
<u>#Investment A</u>
a = 625
r = 1.5%
t = 5
So, we have:
A(5) = 625 * 1.015^5
Evaluate
A(5) = 673.3
<u>#Investment B</u>
a = 625
r = 5%
t = 1
So, we have:
A(1) = 625 * 1.5^1
Evaluate
A(1) = 937.5
By comparison, 937.5 is greater than 673.3
Hence, deposit $625 into a money market account with a 5% rate for 1 year would result in more money.
Read more about exponential growth equation at:
brainly.com/question/23729449
#SPJ1
Answer: 2.5 is greater than x
Step-by-step explanation:
