Given that Juan Solez, a prominent painter, takes out a simple discount note for one year from River National Bank for $5,000.
Annual rate of interest on that amount is 8%.
Now we have to find about what is the amount of the discount and the proceeds.
Amount of discount will be just 8% of 5000
0.08 ( 5000 )= $400
Proceeds will be difference of original amount and discount so that will be 5000-400= $4600
System A:
6x + y = 2
-x - y = -3
System B:
2x - 3y = -10
-x-y = -3
Solve:
System A:
6x + y = 2
y = 2 - 6x
-x - (2-6x) = -3
-x - 2 + 6x = -3
5x = -3 + 2
5x = -1
x = -1/5
y = 2 - 6(-1/5)
y = 2 + 6/5
y = 2 + 1.2
y = 3.2 System A: x = -1/5 or -0.2 ; y = 3 1/5 or 3.2
System B:
2x - 3y = -10
2x = -10 + 3y
x = -5 + 1.5y
-x - y = -3
-(-5 + 1.5y) -y = -3
5 - 1.5y - y = -3
-2.5y = -3 - 5
-2.5y = -8
y = 3.2
x = -5 + 1.5(3.2)
x = -5 + 4.8
x = -0.2 System B: x = -0.2 ; y = 3.2
<span>B) They will have the same solution because the first equations of both the systems have the same graph.</span>
P=1253(1+0.03)^6
P=1,253×(1+0.03)^(6)
P=1,496.15
Answer: A
Step-by-step explanation: Because it can be simplified twice.
