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Solve the System of Linear Equations by the Substitution Method

question 10

Short Answer

Solve the system of linear equations by the substitution method. Then, state whether the system is independent, dependent, or inconsistent.
4x - 3y = 4
12x - 9y = 12

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Definitions:

Coupon Bond

A debt security that pays the holder a fixed interest amount (coupon) at scheduled intervals until the maturity date, when the principal amount is repaid.

Interest-Rate Risk

Interest-rate risk is the risk that changes in interest rates will negatively affect the value of an investment, particularly relevant for fixed-income securities.

Bond Duration

A measure of the sensitivity of a bond's price to changes in interest rates, representing the weighted average time until a bond's cash flows are received.

Coupon Rate

The annual interest rate paid on a bond, expressed as a percentage of the face value.

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