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Greeley [361]
3 years ago
14

Why do banks charge for transaction fees?​

Mathematics
1 answer:
Step2247 [10]3 years ago
8 0

Answer:

To make a profit and pay operating expenses, banks typically charge for the services they provide. When a bank lends you money, it charges interest on the loan. Even fee-free checking and savings accounts have some fees.

Step-by-step explanation:

have a nice day ;)

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Answer:

Step-by-step explanation:

(1) 2x - 6y = -12

(2) x + 2y = 14

There is a -6y and a +2y. Since they have opposite signs, I'll try to eliminate the y terms. (That's my choice. There is more than one way to solve these.)

Multiply eq. (2) by 3:

3x + 6y = 42

Then add the result to eq. (1) to eliminate the y terms:

2x - 6y = -12

3x + 6y = 42

------------------

5x   = 30,  so x = 6

Now plug the value of x into eq. (2) and solve for y:

6 + 2y = 14

2y = 8

y = 4

Why did I use eq. (2) to solve for y? Because it's less work. I could have used eq. (1) instead:

2(6) - 6y = -12

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-6y = -24

y = 4

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