The correct answer is $1820.
The formula for continuously compounded interest is
A = Pe^(rt), where P is the amount of principal, r is the interest rate expressed as a decimal number, and t is the number of years. Using our information, we have:
A = 950*e^(0.065*10) = 1819.76 ≈ 1820
Answer:
x=-2 y=3
Step-by-step explanation:
The substitution is basically given to you. Exchange x from the second equation with y-5
Once that is done and you combine the parentheses you get:
2y-10+y=-1
Add 10 on both sides of the equal sign
You get:
3y=9
Divide both sides by 3
You get:
y=3
To check your work you can substitute y in the second equation with 3 and solve it that way to get x=-2 (x equals negative two)
