It will take 2 years.
Year 1 :
4% 2.5k = 2.5k/100 × 4 = $100 in interest
$2.5k + $0.1k = $2.6k
Year 2 :
4% 2.6k = 2.6k/100 × 4 = $104 in interest
$100 + $104 = $204 > $200
There may be a simpler way to solve this using a formula for example, but I just solved this step by step. Please feel free to ask if you have any questions
Answer:
Step-by-step explanation:
» Collect second degree terms (x² coefficients) together and first degree terms (x coefficients) and constants
Answer:
5,500,000
Step-by-step explanation:
I'm not sure if this is correct but how I got that was I divided 11,000,000 by 2. I'm sorry if it's incorrect
Answer:
the answer is 3
Step-by-step explanation:
11-8=3
17-11=6
6/2=3
Take away the bottom equation from the top so the y’s cancel out
3x = -24
x therefore = -8
and put x back into the equation to find out y
2(-8) + y= 32
-16 + y =32
y= 48
