Answer:
$70,201.38
Step-by-step explanation:
To determine the principal amount, we can use the formula:
A = $200,000
r = 7% or 0.07
t = 15 years
n = 12
Now let's substitute our values.
So the principal needed to get 200,000 in 15 years is $70,201.38.
Answer:
4
Step-by-step explanation:
Answer:
Step-by-step explanation:
p + c = 110
p = c + 100
c + 100 + c = 110
2c + 100 = 110
2c = 110 - 100
2c = 10
c = 10/2
c = 5 .......cost of the phone case
p = c + 100
p = 5 + 100
p = 105 <=== cost of the phone
Well just substitute y (the first equation) into the second equation.
So
5x-4(5-3x)=-3
Then just solve the equation from there.
5x-20+12x=-3
17x=17
x=1
and if you need y, y=2