For each equation give X a value and solve for Y, do this at least two times for each equation.
Plot those dots on a graph to draw two lines.
The solution is where the two lines cross.
You will see the lines cross at (-1,-2)
D to the nearest hundredth is 42.000
Answer:
You should choose an account with a 7% annual interest rate which is compounded quarterly
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
part 1)
we have
substitute in the formula above
part 2)
we have
substitute in the formula above