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Iteru [2.4K]
3 years ago
11

What is the first step in solving the following system of equations?

Mathematics
1 answer:
Alex_Xolod [135]3 years ago
3 0

Answer:

Solve the 1st equation for y and then you substitute the answer of the y value to the other equation to get the x value

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Larry Mitchell invested part of his $36,000 advance at 7% annual simple interest and the rest at 2% annual simple interest. If h
alisha [4.7K]

The amount invested at each rate

Investment at 7% = $25000

Investment at 2%  = $11,000

<h3>What is investment?</h3>

Investment definition is an asset acquired or invested in to build wealth and save money from the hard earned income or appreciation.

Given:

Larry Mitchell invested = $36,000 at 7% annual simple interest

the rest at 2% annual simple interest.

Total investment = 36000

let the investment at 7% is x

then, invested at 2% = 36000 - x

Total interest earned = $1,970

Simple interest = principal * rate * time

Investment at 4%:

(x * 0.07) + [(36000 - x) * 0.02] = 1970

0.07x + 720 - 0.02x= 1970

0.05x = 1970-720

0.05x = 1250

x= 25000

Hence,

Investment at 7% = $25000

Investment at 2% = $36,000 - $25000 = $11,000

Learn more about this concept here:

brainly.com/question/18801028

#SPJ1

7 0
2 years ago
The sale price of every item in a store is 85% of its usual price.
Vladimir [108]

Answer

a. The backpack is $4.50

b. The sweatshirt is $2.70

Step-by-step explanation:

a. 30 x 0.15 = 4.50 (The 0.15 is from the price you are actually paying for the item. Because the item is 85% off, you are paying for 15% of the usual price. 15% as a decimal is 0.15 so you multiply that to the original price to find the amount u will pay.)

b. 18 x 0.15 = 2.70  

5 0
3 years ago
What is the solution of the system of equations shown in the graph?
Rudiy27

Answer:

The solution of the system of equations shown in the graph is (2,0)

Step-by-step explanation:

It's easy

You just look for the point of intersections the lines make.

The point is on the number 2  on the x axis, and number 0 on the y axis. Therefore its (2,0).

Happy to help!

3 0
2 years ago
I need help with this question plz
Sauron [17]
Peter, to find the perimeter you have to add all sides up.
5 0
3 years ago
The area of greenland is 84,000 square miles.what is this number in scientific notation
vlada-n [284]
8.4 x 10^4 hope this helps
6 0
2 years ago
Read 2 more answers
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