Answer: Rs. 11,520
Step-by-step explanation:
As the method of compounding is not stated, the default of simple interest will be used.
Simple interest is a fixed amount that is paid over the course of the loan and is based on the original amount borrowed.
Formula is:
Amount owed = Amount borrowed * ( 1 + rate * time)
= 8,000 * ( 1 + 8% * 5.5 years)
= 8,000 * 1.44
= rs 11,520
Answer:
If the two linear equations have the same slope, the equations represent the same line. Since a line intersects with itself everywhere, there will be an infinite number of solutions.
You can do substitution 2x-2=x^2 -x -6; isolate all terms on one side 0= x^2 -x-2x -6+2; combine like terms x^2 -3x -4=0; factor the quadratic (x-4)(x+1)=0; each term is zero x-4=0 so x=4 and x+1=0 so x=-1. Now, y=2•4-2=6 and y=2•(-1) -2= -4 ; solutions for the system are ( 4,6) and ( -1, -4)
