Please consult the "Calculations" section of this ans .
The information we're given is below :
As per given information , we can do the following :
Point - slope form looks like so :
y-y₁=m(x-x₁)
y-6=-1/3(x-3)
y-6=-1/3x+1
y=-1/3x+1+7
y=-1/3x+6
↑
$390 is the interest will Charlie’s initial investment earn over the 15-year period. The money does Charlie have after the 15 years is $715.
<u>Step-by-step explanation:</u>
Harlie invests $325 in an account.
<u>The formula to find the interest will Charlie’s initial investment earn over the 15-year period :</u>
⇒ <u></u>
⇒
⇒
Therefore, $390 is the interest will Charlie’s initial investment earn over the 15-year period.
<u>Money Charlie has after 15 years :</u>
It is given by the formula,
⇒ Amount = Principal + Interest.
⇒ 325 + 390
⇒ 715 dollars.
∴ The money does Charlie have after the 15 years is $715.