Answer:
Rate = 6.56%
Step-by-step explanation:
Principal (P) = $5000
Interest (I) = $6312
Time (T) = 4 years
Rate (r) = ?
This question is involves simple interest and with the formula, we can easily plug in the values to find the rate.
S.I = P(1 + rt)
S.I = simple interest
P = principal
R = Rate
T = Time
6312 = 5000(1 + r*4)
6312 = 5000 + 5000*4r
6312 - 5000 = 20000r
1312 = 20000r
r = 1312 / 20000
r = 0.0656
Rate are calculated in percentage hence we'll multiply it by 100
R = 6.56%
The system of equations has infinite solutions.
<h2>Given to us,</h2>
<h3>Equation 2,</h3>
The value of y is already given in equation 1,
substituting the value of y in equation 2,
The solution of the two equations is 0. Also, we can see that both the equations are in ratio.
Further, the image also shows that the line of the two equations are coinciding.
Hence, the system of equations has infinite solutions.
Learn more about System of solutions:
brainly.com/question/14264175
That will be 295.25 how ?? You multiply 8.75 by 40 then subtract 55.75 =295.25