Determine Whether the Given Ordered Pair Is a Solution to the Given

question 15

Multiple Choice

Determine whether the given ordered pair is a solution to the given equation.
- $\left( \frac { 7 } { 10 } , 1 \right) ; 40 x + 7 y = 29$

• A)yes
• B)no

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Definitions:

Simple Interest

Interest calculated only on the principal amount, without compounding on accumulated interest.

Selling Price

The amount of money for which a product or service is sold to customers.

Revolving Line of Credit

A credit facility extended by a financial institution to a customer that allows the customer to borrow up to a certain limit, pay down the balance, and then borrow again.

Simple Interest

Interest calculation method that involves multiplying the principal amount by the interest rate and the term of the loan or investment, without compounding.