4/6 divided by 3/12 / is fraction
2 answers:
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Answer:
Step-by-step explanation:
2)
a) elimination method
b) substitution method
c) substitution method
For the first part we can elimate the y variable by subtracting the equations. We can then find the value of x.
For the second part we can substitute y as 2x+5 in the second equation and solve for x.
For the third part we can substitute y as 4x+3 in the first equation and solve for x.
3)
Answer:
Option A earns higher interest($84115.58)
the difference in interest between the two option is $197.9
Step-by-step explanation:
In the problem we are going to apply both the simple interest formula and compound interest formula and compare which has the best/higher returns
Given data
Principal P= $43,000
Rate r= 6%= 0.06
time t= 3years
n= 4 (applicable for compound interest compounded quarterly)
solving for option A gives her 6% compounded quarterly
the compound interest formula is
Interest is =$8411.58
solving for option B which gives her 6% simple interest annually
the simple interest formula is
Interest is= $8213.68
calculating the diference in interest between the two options we have
= $197.9
Option A earns higher interest