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3 years ago

At a rate of 4%, you paid $144.00 in interest over a two-year period. What was the original amount of your loan?

1 answer:

6 0

Principal is the same as original amount.
1. You convert the rate % to a decimal number. (divide by 100) 

2. Substitute: 

P = 144 / (.04 x 2) 

3. Solve: 

P = 144 / .08 
P = 1,800 

4. Your answer is $1,800

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Answer:

The system has no solution

Step-by-step explanation:

we have

$x+2y=6$

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$2y=-x+6$

Divide by 2 both sides

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$y=-\frac{x}{2}+4$ ---> equation B

Compare the equations

Equation A and equation B have the same slope and different y-intercept

Remember that

If two lines have the same slope, then the lines are parallel

The solution of the system is the intersection point both graphs

In this problem, the lines don't intersect, therefore, the system has no solution

using a graphing tool

The graph in the attached figure

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