Help please! I need help with this two step equations
2 answers:
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Solve both equations for y:
Set the expressions equal to each other:
So, for every nonzero number a the system of equations has one solution.
Set the expressions equal to each other:
So, for every nonzero number a the system of equations has one solution.
Answer:
The Amount in account after 6 years is $4014.976
Step-by-step explanation:
Given as :
The principal = p = $3500
The rate of interest = r = 2.29% compounded monthly
The time period = t = 6 years
Let The Amount in account after 6 years = $A
<u>From Compound Interest method</u>
Amount = Principal ×
Or, A = p ×
Or, A = $3500 ×
Or, A = $3500 ×
Or, A = $3500 × 1.147136
∴ A = $4014.976
So,The Amount in account after 6 years = A = $4014.976
Hence, The Amount in account after 6 years is $4014.976 Answer