A because 5*4 = 20 that why its a
Answer:
20%
Step-by-step explanation:
7000-5600=1400
1400/7000×100=20
The answers are #1 45 #2 24 #3 10
Answer:
It allows to to know y-intercept formula which is used to graph a line.
Step-by-step explanation:
Y-intercept formula:
y=mx+b
M: slope (keep in fraction if it is fraction, to help you graph)
B: y-interecept
The formula to find the amount is
here A is amount
P is the principal
'r' is the rate of interest
n is the number of years.
Case 1.
Stevan invests
P =$ 20,000
r = 3% = 0.03
n = 10 years
Hence the interest earned
= A - P = 26878.33 - 20000 = $6878.33
Case 2.
Evan invests
P = $10,000
r = 7% = 0.07
n = 7 years
Hence the interest earned
= A - P = 16057.81 - 10000 = 6057.81
Difference in the interest = 6878.33 - 6057.81 = $820.52
Rounded to the nearest dollar difference in interest = $821