216/8= 27. X= 27. Subtract you divide
Answer:
The account balance after 24 months will be $23,092.70
Step-by-step explanation:
Given data
P= $20,000
r= 7.77%= 0.077
t= 2 years
A= ?
n= 24
The compound interest formula is

Inserting our values to solve for A we have

Answer:
Step-by-step explanation:
Using substitution method.
y = 3x - 8 -------(i)
y = 4 - x -------- (ii)
Substitute y = 3x-8 in equation (ii)
3x - 8= 4 - x {Add x to both sides}
3x - 8 + x = 4 - x +x
4x - 8 = 4 {Add 8 to both sides}
4x = 4 + 8
4x = 12 {Divide both sides by 4}
x = 12/4
x = 3
Substitute x = 3 in Equation (i)
y = 3*3 - 8
y = 9 - 8
y = 1