I invested all of my money in an investment that pays the same annually compounded interest rate for 30 years. At the end of the first 10 years, my investment had doubled in value. a. After how many years will my original investment have multiplied by 4 in value?
b. If I initially invest 5,000 dollars, how much will my investment be worth at the end of 30 years?

{x = -1/2 ,   y = -1

step-by-step explanation:

solve the following system:

{2 x + y = -2

{10 x - 3 y = -2

in the first equation, look to solve for y:

{2 x + y = -2

{10 x - 3 y = -2

subtract 2 x from both sides:

{y = -2 x - 2

{10 x - 3 y = -2

substitute y = -2 x - 2 into the second equation:

{y = -2 x - 2

{10 x - 3 (-2 x - 2) = -2

10 x - 3 (-2 x - 2) = (6 x + 6) + 10 x = 16 x + 6:

{y = -2 x - 2

{16 x + 6 = -2

in the second equation, look to solve for x:

{y = -2 x - 2

{16 x + 6 = -2

subtract 6 from both sides:

{y = -2 x - 2

{16 x = -8

divide both sides by 16:

{y = -2 x - 2

{x = -1/2

substitute x = -1/2 into the first equation:

{y = -1

{x = -1/2

collect results in alphabetical order:

answer:   {x = -1/2 ,   y = -1