Solve the System by Substitution

question 158

Multiple Choice

Solve the system by substitution. Substitute the expression in the second equation into the first equation and solve. If the lines coincide, answer dependent . If the lines are parallel, answer no solution .

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Definitions:

Bogey Portfolio

An investment portfolio that serves as a benchmark against which other portfolios' performances are measured.

Geometric Average

A method of calculating the average rate of return of a set of values multiplicatively linked together, commonly used to determine the performance of investments over time.

Compounding Principle

The process in which an asset's earnings, from either capital gains or interest, are reinvested to generate additional earnings over time.

Rate of Return

A percentage representing the gain or loss on an investment over a specified period, relative to its cost.