Answer:
(
)
Step-by-step explanation:
The fastest way to do this is to convert both equations into slope-intercept form and graph it to find the solution point. If you wanted to do this algebraically, you might want to start out by getting rid of the fractions and using either substitution or elimination to find x and y.
Answer:
1/12 or 0.08333333333
Step-by-step explanation:
5/60 can be factored to 1/12 because the two numbers are each divisible by 5.
The are 12 inches in a foot. So 100ipm ÷12= fpm :) hope this helps
Answer:
There are 4 possibilities
Step-by-step explanation
Each customer has 2 ways to receive the money. For each way, the other customer has 2 option, giving a total of 2*2 = 4. Here are the possibilities, separating in 2 different cases.
Case 1: customer 1 withdraws 2 $20 bills
option 1.1: customer 1 withdraws 2 $20 bills AND customer 2 withdraws 2 $20 bills
option 1.2: customer 1 withdraws 2 $20 bills AND customer 2 withdraws 4 $10 bills
Case 2: customer 1 withdraws 4 $10 bills
option 2.1: customer 1 withdraws 4 $10 bills AND customer 2 withdraws 2 $20 bills
option 2.2: customer 1 withdraws 4 $10 bills AND customer 2 withdraws 4 $10 bills
options 1.1, 1.2, 2.1 and 2.2 give us a total of four ways for the customers to retrieve thier money.
we are given
investment amount is 2300
so,
it is compounded monthly
so,
n=12
now, we can use formula
now, we can plug values
t=7/12
and we get
now, we can find FV
............Answer
