Answer:
To obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
Step-by-step explanation:
Given that Katie wants to know how much she needs to deposit into a two year CD account in order to earn $ 100 in simple interest, knowing that the account currently has a 1.5% interest rate, the following calculation must be performed:
X x 0.015 = 100
X = 100 / 0.015
X = 6,666.66
6,666.66 x 1.015 = 6,766.66
Thus, to obtain $ 100 in simple interest with a rate of 1.5%, Katie must deposit $ 6,666.66.
Answer:
Figure or Diagram Mandatory
GOOD LUCK FOR THE FUTURE! :)
The slope is -3.
Finding slope can be easy if you just remember that the formula is set up as y=mx+b.
The number in the 'm' place is always the slope.
Example: y=4x+1, the slope would be 4 because it's in the 'm' place.
If you have trouble remembering which place the slope is, trying thinking about skiing or sledding; you can only sled or ski down a Mountain slope. Mountain starts with M.
M=slope.
Hope this helps :)
If you have any questions, just let me know!
Answer:
the answer is option B on Edgenuity