Solve the System of Equations by the Elimination Method

question 54

Multiple Choice

Solve the system of equations by the elimination method.
-0.4x + 0.2y = 0.4 x - 0.3y = -2.2

• A)(-0.1, 0.4)
• B)(4, -1)
• C)no solution
• D)(-1, 4)

---

Definitions:

Bank Capital

The financial resources held by a bank that acts as a cushion against potential losses, consisting of equity, retained earnings, and other reserves.

Assets

Resources owned by a person or company, regarded as having value and available to meet debts, commitments, or legacies.

Discount Rate

The interest rate charged to commercial banks and other depository institutions on loans received from the central bank's discount window.

Federal Funds Rate

The interest rate at which depository institutions lend reserve balances to other depository institutions overnight on an uncollateralized basis.