Answer:
3x +4y = 118
5x+6y =180
y= $25
Step-by-step explanation:
Let x = the cost of a flashlight
Let y = the cost of a sleeping bag
3x +4y = 118
5x+6y =180
Multiply the first equation by -5
-5(3x +4y) = -5*118
-15x -20y = -590
Multiply the second equation by 3
3(5x+6y) =3*180
15x + 18y = 540
Add the modified equations together.
We are using elimination to eliminate the variable x
-15x -20y = -590
15x + 18y = 540
----------------------------
-2y = -50
Divide by -2
-2y/-2 = -50/-2
y =25
Each sleeping bag costs $25
7:6, unless it wants it simplified to decimals
Answer:
Interest= $423.59
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $6,000
Number of periods (n)= 3 years
Interest rate (i)= 2.3% = 0.023
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 6,000*(1.023^3)
FV= $6,423.59
<u>Now, the interest earned:</u>
<u />
Interest= 6,423.59 - 6,000
Interest= $423.59
