Principal=$100 rate=5% years=3 what is the interest?
1 answer:
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The solution of system is x=14, y=37
Step-by-step explanation:
Given equations are:
-4y = -64 - 6x => 6x-4y=-64 Eqn 1
4x - 4y = -36 Eqn 2
Subtracting equation 2 from eqn 1
The solution of system is x=14, y=37
Keywords: Linear equation, Elimination method
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Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above