Determine the equation of the circle graphed below. Please help, thanks
1 answer:
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Interest paid after 30 years is $494,546.99.
Solution:
Principal (P) = $195,000
Interest rate (r) = 4.3%
Time (t) = 30 years
n = number of times interest calculated per year
n = 1
Compound interest formula:
where A is the final amount
A = 689546.99
Interest = Amount - Principal
= 689546.99 - 195000
= 494546.99
Interest paid after 30 years is $494,546.99.
Answer:
Step-by-step explanation:
First let's multiply the 1st equation by 10.
So, we can see that the equations have the same coefficients and that implies they are equal.
So the equation has no solutions for.