The formula A = P + Prt represents the value, A, of an investment of P dollars at a yearly simple interest rate, r, for t years. The equation to model the value, A, of an investment of $54 at 9.26% for t years is given by

A = 54 + 5t.

The equation to model the value, A, of an investment of $84 at 2.38% for t years is given by

A = 84 + 2t.

Assuming A has the same value, the given equations form a system of two linear equations. Solve this system using an algebraic approach and interpret your answer.

a.t = 5. The two investments will reach the same value in 5 years.
c.t = 1000. The two investments will reach the same value in 1000 years.
b.t = 20. The two investments will reach the same value in 20 years.
d.t = 10. The two investments will reach the same value in 10 years.

Answer :

A = 54 + 5t
A = 84 + 2t

54 + 5t = 84 + 2t
5t - 2t = 84 - 54
3t = 30
t = 30/3
t = 10....they will reach the same investment in 10 years

Answer:

the answer is d on edge

Step-by-step explanation:

Other Questions