Tell whether the ordered pair is a solution of the equation! please help i will mark you brainliest
1 answer:
You might be interested in
Since you have y alone on one side of the equation......
Use substitution and plug in 1/2x-4 for y in the other equation.
Distribute
Combine like terms
Add 8 to both sides
Divide by 4
and
Plug this value in for x
Simplify
Multiply everything by 8 and simplify
Divide.....
Your answers are:
The required equation is y = 10000(1.0.25)^2x. The value of Christina’s investment after 20 years is $30,773.14
Compound interest
The interest accrued on a sum of money is known as interest. The formula for calculating the compound interest is expressed as:
y = y0(1+r/n)^nx
where
x is the time taken
r is the rate in decimal
n is the compounding time
Given the following
x = 20 years
n 2(semi annually)
r = 5.7% = 0.057
Substitute
y = 10000(1+0.057/2)^2(20)
y = 10,000(1 + 0.0285)^40
y = 10000(1.0285)^40
y = 30,773.14
Hence the value of Christina’s investment after 20 years is $30,773.14
Learn more on compound interest here: brainly.com/question/24924853
