Answer:
$5504
Step-by-step explanation:
Given that :
Principal amount = $500
Interest = 4% simple interest annually
Amount added at the end of each year :
First year:
Principal + (Principal * rate * time)
500 + (500 * 0.04) = 520
$520 + $250 = $770
2nd year:
770 + (770 * 0.04) = $800.80
$800.80 + $250 = 1050.80
3rd year:
1050.8 + (1050.8 * 4) = 5254
$5254 + 250 = $5504
Answer:
The system has one solution.
Step-by-step explanation:
To find the number of solutions of the system, we equal both equations for y.
If we have ax = b, in which both a and b are different of 0, we have one solution.
If both a and b are 0, we have infinite solutions.
If a is 0 and b is not, there are no solutions.
y=6/7x-8 and y=7/9x+10/9
So
Both a and b are different of 0, so the system has one solution.
Your question answers itself. You solve by graphing.
I like to subtract one side of the equation from the other, so the solutions are where the graph crosses the x-axis (the resulting function value is zero).
It can be useful to find the "turning point" of each absolute value expression (where its value is zero) and graph that and some points on either side.
