Answer:
p = 2 ; q = 4
Step-by-step explanation:
Given tbe equation :
3p + 2q = 14 - - - (1)
10p + 6q = 44 - - -(2)
What is p and what is q
This is a simultaneous equation ; using elimination method :
Multiply (1) by 6 and (2) by 2
18p + 12q = 84 - - - - (3)
20p + 12q = 88 - - - (4)
Subtract (3) and (4)
-2p = - 4
p = 4/2
p = 2
Put p = 2 in (1)
3p + 2q = 14
3(2) + 2q = 14
6 + 2q = 14
2q = 14 - 6
2q = 8
q = 8/2
q = 4
p = 2 ; q = 4
Give each of the kids a full field then have them share or split the other field
Answer: The monthly payments for a $5,000 loan would $146.51.
Step-by-step explanation: How it looks in the TVM Solver formula:
N = 36 ( 3 (years) x 12 (monthly payments) )
I% = 3.5%
PV = $5,000
PMT = 146.51 (or 146.08 if you choose BEGIN)
FV = 0
P/Y = 12 (months)
C/Y = (12 (months)
PMT: <u>END</u> | BEGIN