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X=2Y=1

This question is a simultaneous equation, this means we substitute one value into the other equation.We are looking for the points where the curves intersect.First I would take x+y=3 and bring the y over ...

We solve this by multiplying the starting value, £4500 , by 1 + {the interest rate expressed as a decimal} , or in this case, 1 + 0.013 . This gives us £4500 x 1.013⁶ and when we type this into...

So let's use 2x + 5y = 11 and 3x - 5y = 4 as our example.In these equations we have 2 unknown variables, x and y which we are trying to work out. The numbers in-front of the letters are the amount of time...

7700 x 1.2 = 9240 (total cost of car)12 x 642.5 = 7710 (total cost of instalments)9240 - 7710 = 1530Answer = £1,530