Answer:
Solve the 1st equation for y and then you substitute the answer of the y value to the other equation to get the x value
Answer:
Step-by-step explanation:
Amount after 15 years = 6700( 1 + 0.046/2)^(2*15) = 13,253.90
The number of monthly payments Brenda will have will be given by:
Number of payments=[Number of years]×[number of months]
Number of years=5
Number of months=12
hence
# Payments=5*12=60 monthly payments
Answer:
$9400
Step-by-step explanation:
1.5x4=6%
100-6=94
0.94x10000=9400
