A = P(1 + rt)
A = Total Accrued Amount (principal + interest)
P = Principal Amount
I = Interest Amount
r = Rate of Interest per year in decimal; r = R/100
R = Rate of Interest per year as a percent; R = r * 100
t = Time Period involved in months or years
From the base formula, A = P(1 + rt) derived from A = P + I and I = Prt so A = P + I = P + Prt = P(1 + rt)
Answer:
15%
Step-by-step explanation:
Answer:
Step-by-step explanation:
Slope intercept formula: y = mx + b
m = slope
b = y-intercept
Substitute
14.) y = 1x + 0
Basically y = x
15.) y = 2x + (-7)
y = 2x - 7
Answer:
$46.27¢
Step-by-step explanation:
Good thing I was a teacher