Ramel borrows $4,000 from his local credit union, to be repaid with 3.75% annual interest over 5 years. How much money will Ramel have paid back after 5 years?

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step-by-step explanation:

none.

step-by-step explanation:

m

1

=

5

m1=5

b

=

−

1

b=-1

find the slope and y-intercept of the second equation.

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m

2

=

0

m2=0

b

=

−

6

b=-6

compare the slopes

m

m of the two equations.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

compare the two slopes in the decimal form. if the slopes are equal, then the lines are parallel. if the slopes are not equal, then the lines are not parallel.

m

1

=

5

,

m

2

=

0

m1=5,m2=0

income. 10x+1300

expenses 3x+(1800+1500)

expenses 3x+3300

to break even:

income = expense,

10x + 1300 = 3x + 3300,

solve for x.

step-by-step explanation:

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