X - 2y = - 9
7x + 2y = 1
x - 2y = - 9
(+)
7x + 2y = 1
___________
8x = - 8
x = - 1
- 1 - 2y = - 9
2y = 8
y = 4
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A transaction that decreases one claim and increases another claim; total claims remain unchanged. For example, accruing interest expense is a claims exchange transaction; liabilities increase, and the expense recognition decreases retained earnings.
Answer:
Step-by-step explanation:
Answer:
1194 students last year
Step-by-step explanation:
The problem statement tells us ...
98% × (students last year) = 1170
Dividing by 98%, we get ...
1170/0.98 = (students last year) = 1193.88 ≈ 1194
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<em>Check</em>
1170/1194 = 0.979899... ≈ 0.98 = 98%