Joe borrowed $6,000 from the bank at a rate of 7% simple interest in per year. how much interest did he pay in 9 years?
1 answer:
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Answer: (4,3)
Step-by-step explanation:
1. In this method you must solve one of the equation for one of the variables and substitute it into the other equation to find the other variable. Then, substitute the value of that variable into one of the original equation to obtain the value of the other one.
2 You have that:
3. Then, you can substitute it into the other equation and solve for x:
4. Now you can obtain y:
5. The answer is:
(4,3)