Answer is 30,000 ......................................
Answer:
y=3÷9
Step-by-step explanation:
2x-9y=11
or,2×7-9y=11
or,14-11=9y
or,3÷9=y
(x-3) *squared* + (y + 2) *squared* = 6
This is a compound interest problem so you cannot use the simple interest formula. Effectively the total amount is being compounded each year by 6%. There is a formula for compound interest but in this simple example you can work this out recursively.
year 1 = 6500
year2 = 6500*1.06 = 6890
year3 = 6890*1.06 = 7303
year4 = 7303*1.06 = 7741..
etc......
year12 = 11604*1.06 = 12338
