Find the principal which will yield simple interest of N55.60 for 1yr 6 months at the rate of 2%
1 answer:
There should be a point the line is going through, (1,2).
We have given that,
N55.60 for 1yr 6 months at the rate of 2%
We have to determine the principal which will yield simple interest of N55.60 for 1yr 6 months at the rate of 2%.
<h3>What is the simple interest?</h3>
A = final amount
P = initial principal balance
r = annual interest rate
t = time (in years)
x = inches
y = miles
per 1 inch = 2 miles
so on the graph, there should be a point the line is going through, (1,2).
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Answer:
You were close; you don’t have to add 3x to the right side though.
We’re given 2y= -3x + 6
Step one: divide both sides by 2
y= (-3/2)x + 3
