There's simple interest and there's also compound interest.
the difference is that, with simple interest, what you earn is a percentage of the "original amount you deposited", so if you deposited say 1000 and you earn 10% APR, you only get 100 bucks a year, 1st, 2nd, 3rd 20th year, no matter what year it may be, is always 10% of that original 1000.
so, in short, if you earned 75 bucks in the first year, well, for simple interest, that won't change for any subsequent year.
Answer:
5/14
Step-by-step explanation:
Note that if we add each side of the 2 equations, y will cancel out:
-12x-y+(17x+y)=6+4
5x=10
x=2
Substituting x=2 in either of the equations, we find the value of y.
Let's use the first equation:
-12x-y=6
-24-y=6
-y=24+6
-y=30, so y=-30.
Thus, the solution is (2, -30)
Answer: C
0.05 is 5 percent is decimal form. In order to get the decimal form of a percentage you have to move your decimal to places left. Your invisible decimal is where the percentage sign at the end of your number is. Hope this helps.