Use Two Equations in Two Variables to Find the Following

question 27

Multiple Choice

Use two equations in two variables to find the following integers. The sum of two integers is 34 and their difference is 8.

• A)8, 26
• B)11, 19
• C)13, 19
• D)13, 21
• E)11, 26

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Definitions:

Compounded Monthly

A method of calculating interest in which the accrued interest is added to the principal sum every month, so that each subsequent interest calculation is based on a slightly higher amount.

Lifetime Interest

The total amount of interest that will be paid or earned over the entire life of a loan or investment.

Loan

A quantity of money that is lent and is supposed to be repaid along with an additional amount as interest.

Compounded Monthly

The process of calculating interest on both the initial principal and the accumulated interest from previous periods on a monthly basis.