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Solve by the Substitution Method

question 55

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Solve by the substitution method.
-7x + 7y = -28 -4x - 4y = 16


Definitions:

Payments

Transactions involving the transfer of money in exchange for goods, services, or to fulfill a legal obligation.

Miller-Orr Model

The Miller-Orr Model is a financial model used to manage cash flow and determine the optimal balance between holding cash and investing in securities.

Opportunity Rate

The rate of return of a foregone investment compared to the potential return on the chosen investment.

Net Float

The difference between checks written against and deposited in an account, reflecting the time lag between writing a check and clearing it.

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