Answer:
x = -6 and y = 9
Step-by-step explanation:
It is given that,
0.12x - 0.07y = -1.35 -----(1)
0.4x + 0.8y = 4.8 -----(2)
<u>To find the value of x and y</u>
eq(1) * 100 ⇒
12x + 7y = -135 -----(3)
eq(2) /0.4 ⇒
x + 2y = 12 -----(4)
eq(4) * 12 ⇒
12x + 24y = 144 ---(5)
eq(5) - eq(3) ⇒
12x + 24y = 144 ---(5)
<u>12x - 7y = -135 </u> -----(3)
0 + 31y = 279
y = 279/31 = 9
Substitute the value of y in eq(4)
x + 2y = 12 -----(4)
x + 2*9 = 12
x = 12 - 18 = -6
Therefore x = -6 and y = 9
I hope that helps ..... Y=2x
Answer:
Size of each monthly payment = $161.69 per month
Step-by-step explanation:
Given:
Value of property = $20,000
Downpayment = 20%
Number of payment = 12 x 10 = 120
Interest rate = 4% = 4% / 12 = 0.33 %
Computation:
Loan balance = 20,000 - 20%
Loan balance = $16,000
A] Size of each monthly payment [In Excel]
Size of each monthly payment = PMT(0.33%,120,16000,0)
Size of each monthly payment = $161.69 per month
Answer:
About 11%
Step-by-step explanation:
45 divided by 5 = 9
100 divided by 9 = 11.11111 (It goes on forever)
