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The first thing we must do for this case is to define a variable:
x: number of years
y: total salary
We have then:
For first company:
y = 1500x + 31000
For second company:
y = 2000x + 28500
Equaling both equations we have:
1500x + 31000 = 2000x + 28500
Clearing x:
2000x - 1500x = 31000 - 28500
500x = 2500
x = 2500/500
x = 5
Answer:
It will take for the salaries to be the same about:
x = 5 years
Answer:
Step-by-step explanation:
Picture
Answer:
The percentage rate is 4.5%
Step-by-step explanation:
The simple interest earned in this situation is $1270 - $1000, or $270.
the simple interest formula is i =prt.
Here, i = $270 = ($1000)(r)(6 yr).
$270
Then r = ------------------- = 0.045
$1000(6 yr)
The percentage rate is 4.5%
Answer:
102+189p-80
Step-by-step explanation: