Find All the Solutions (If Any) of the Given System $\begin{array} { r } y - 8 x = 0 \\4 x + 3 y = 7\end{array}$

question 109

Essay

Find all the solutions (if any) of the given system.
​
​ $\begin{array} { r } y - 8 x = 0 \\4 x + 3 y = 7\end{array}$ ​
If the equations of the system are redundant, or if a system is inconsistent, so indicate.

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Definitions:

Sale of Receivables

The process of selling a company's accounts receivable to a third party to improve cash flow and reduce risk.

Trade Receivables

Sums due to a business from its customers for goods or services provided on credit.

Notes Receivable

Represents amounts owed to a company that are evidenced by formal agreements or promissory notes.

Interest Revenue

Interest revenue is the income earned from lending funds or depositing funds in interest-bearing accounts.