Answer:
$125
Step-by-step explanation:
To solve this, we need to find 2.5% of 5,000. To do this, we multiply 5,000 by .025. This gets us 125. That means you earn $125 worth of interest in one year.
Answer:
104%
Step-by-step explanation:
Answer:
9/5
Step-by-step explanation:
The slope between the two points can be found by ...
m = (y2 -y1)/(x2 -x1)
m = (-16-2)/(-10-0) = -18/-10
m = 9/5
The slope of the line is 9/5. Perhaps this is a match to choice A.
We can set up this equation using this formula:
a = p(1 + r/n)^nt
p = starting amount.
r = interest.
n = number of times it's compounded in a year
t = years
We'd set it up like this:
a = 50(1 + ?/1)^1(12)
Because we're missing the amount of interest, it would be impossible to tell what the amount would be after 12 years.
