To find the intersecting point, you have to put the two formulas equal to each other
First isolate the same variable, in this case y
So y=x-4
Now we can say
2x + 7 = x - 4
Now solve for x
X= 3
Now fill this in in either one of the formulas
Y= 2 (3) + 7
Y= 13
So they’ll intersect at (3,13)
Answer:
x = -3/2 or x = 1
Step-by-step explanation:
Answer: 12
Step-by-step explanation:
Answer:
you don't save any money, you lose money instead
Explanation:
Given,
At 54, there is a tax rate of 28%
At 59½ there is a penalty of 10% with the tax rate of 28%
Therefore at 54, money left after tax = $45000*(1-0.28)=45000*0.72=$32400
At 59½, money left after tax =$45000*(1-0.10)*(1-0.28)= 45000*0.90*0.72=$29160
Money lost =29160-32400= -$3240
