The number is not large enough to round to the 10000
-2.95, -2 11/12, 2 1/9, and then 2.95.
X + y = 40.....multiply by -4
4x + 6y = 180
-------------------
-4x - 4y = -160 (result of multiplying by -4)
4x + 6y = 180
------------------add
2y = 20
y = 20/2
y = 10 <===
x = 30
One way is to turn them into fractions and simplify them then see if they are equal exg
8:4 and 6:3
turn into fractions
8/4 and 6/3
2/1 and 2/1
equal
Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
