3% = 3/100 = 0,03
When it's compount interest it's 1,03 because you gain 3% more from what you already have.
All you need to do
1,03•2000=2060$ for the first year
And then for the second year, you take the actual amount after one year of 3%
1,03•2060=2121,8
After two years, there will be 2121,8$
Hey there! :D
We can subtract the equations from each other.
4x-3x=x
2y-2y=0
10-6=4
x=4 <== that's all we have left of the equation
Now plug that in to solve.
3(4)+2y=6
12+2y=6
2y=-6
y=-3
Solution: (4,-3)
I hope this helps!
~kaikers
Answer:
Step-by-step explanation:
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Step-by-step explanation:
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look at the picture i sent please