Answer:
Step-by-step explanation:
CI = 624 x 1.05 ^3 =722.358 for whole investment 722.36-624 =98.36 for interest only
or for interest only do 624 x .05^3 = 98.36
Standard interest is done like this
year 1 = 624 x 1.05 = 655.20
655.20-624 = 31.20
year 2 = 655.20 + 31.20 = 686.40
year 3 = 686.40 + 31.20 = 717.60
total interest = 717.60-624 = 93.60
So standard interest is the method you have done they may be asking for either compound interest which is the first one or asking for whole investment which means you need to also add 624 at end for Standard interest.
if you need CI interest do the top one.
I don't understand the English. I would've loved to help though.
Answer: x=-2 and y=-2
Step-by-step-explaination:
To solve the system of equations you have to cancel out a variable. I chose to cancel out Y. First, the coefficients of y need to be the same in both equations. To do this multiply to the top equation by 2 so you get
2(2x) +2(y) = 2(-6)
4x + 2y = -12
Next, subtract the second equation from the first to cancel out the y’s
4x + 2y =-12
-(-8x + 2y = -12)
————————
12x = -24
Solve
X = -24/12
X=-2
Plug x into the original equation to find y
2(-2) + y = -6
-4 + y = -6
Y = -6 +4
Y=-2
You can substitute x and y into the original equations to double check
