Compound interest is the starting amount x (1+ the interest rate as a decimal)^ the time in years=the final amount.
In your case, the equation will be $1000*(1+0.10)^how many years= the final amount.
Answer:
A or C
Step by Step Explanation:
Let x be one number and y be the other.
#1 - Set up a system of equations.
4x = y
x + y = 45
#2 - Solve the system by substitution.
x + (4x) = 45
5x = 45
x = 9
(9) + y = 45
y = 36
Answer: B & D
<u>Step-by-step explanation:</u>
A is not correct because it says "in the city" instead of "in Elan's school"
C is not correct because it says do NOT ....