What is the slope intercept and point slope form

1 answer:

3 0

Slope intercept is y=Mx+b where m is always the slope and b is always your y intercept. The point slope fo is y-y^1=m(x-x^1) where x1 and y1 are a known point and m is the still the slope. X and y is another point on the linear equation

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Tory deposited 3100 and to a savings account that pays simple annual interest rate of 3.38% how much interest will she earn afte

sergiy2304 [10]

Answer:

$157.17

Step-by-step explanation:

Interest is the amount of return that someone receive on the amount invested in a bank or in a business. The annual interest rate is defined on the invested amount. The amount invested is called the principal and.

By applying the interest rate on the principal amount, we can calculate the annual interest earning.

Principal = $3,100

Rate of simple interest = 3.38% per year

Now, define the total time period.

Time period = 18 months = 18 / 12 = 1.5 years

Now calculate the Total interest earning.

Interest Earned = $3,100 x 3.38% x 1.5 = $157.17

4 0

3 years ago

Please help!

blagie [28]

Given the two options above, in order to come up with the best plan we have to calculate the future value of money in each plan.
compound interest is given by: $FV=p(1+ \frac{r}{100})^n$

Option 1
p=$500
r=2%=0.02
t=1 year
$FV=500(1+0.02)^1=$510$

Option 2
p=$500
r=2/12=1/6
n=1*12=12
hence:
$FV=500(1+\frac{ \frac{1}{6}}{100})^{12}
$
=$509.09
Comparing the two plans above, option 1 is the best.

b] Option 1 is the best because she will secure $510 as compared to option 2 which has interest rate that reduces her amount by $1 after one year due to annual charges. The total amount of money she will have at the end of the plan is $510.

8 0

4 years ago

5(3x + 7) = 20 – 2(x + 1)

Temka [501]

the answer to this is x= -1

5 0

3 years ago

Read 2 more answers

The dimensions of the nations smallest post office are 8 ft 4 in x 7 ft 3 in. Why would you use the measurement 8 ft 4 in. inste

allsm [11]

Answer:

The explanation in the procedure