Answer:
1.55%
Step-by-step explanation:
Fill in the values and solve for the rate using the future value formula.
FV = P(1 +r/n)^(nt)
4720 = 4300(1 +r/12)^(12·6)
(4720/4300)^(1/72) = 1 +r/12
r = 12(4720/4300)^(1/72) -1) ≈ 0.015542
The annual interest rate is about 1.55%.
Let x and y be the numbers;
We have x + 2y = 9 and 2x + y = 21;
Then, x = 9 - 2y;
Finally, 2(9-2y) + y = 21 ;
18 - 4y + y = 21;
18 - 3y = 21;
-3y = 3;
y = - 1;
x = 9 - 2× (-1);
x = 9 + 2 ;
x = 11;
Answer:
Hi
Step-by-step explanation: