Assuming the loan is as described, seven-year loan, which means that Kyle does not repay a cent before seven years.
This is a compound interest problem where n=7 years, interest rate i=0.05, and present value P=8000.
At the end of seven years, Kyle will have to pay
Future value = F = P(1+i)^n = 8000(1.05)^7 = 11256.80 (to the nearest cent)
Answer:
It has no solution because the two lines would never meet since they have the same slope of -3
Multiply the numbers on the major axis which are 2 and -9 to get -18. Subtract from that 3*4 = 12. So -18-12 = -30. That's the determinant.
Answer:
x=1, y=1. (1, 1). The answer is D).
Step-by-step explanation:
3x-5y=-2
4x-7y=-3
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4(3x-5y)=4(-2)
-3(4x-7y)=-3(-3)
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12x-20y=-8
-12x+21y=9
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y=1
3x-5(1)=-2
3x-5=-2
3x=-2+5
3x=3
x=3/3
x=1
