The third one because y intercept does not aline with the other ones
False if you take xyou can get answer
Answer:
I'm pretty sure the answer you have selcted is right
Step-by-step explanation:
To solve for the A or the principal amount plus interest you can use two formulas:
A = P + I
Where: P = Principal
I = Interest
or you can use
A = P (1+ rt)
Where: P = principal
r = rate in decimal
t = time in years
With your given you can use the second one, without having to use the first.
Given that the Principal amount is $222 and the rate is 12% and time is 10 years, we first need to convert your rate into decimal by dividing the value in percent by 100 which will yield 0.12.
Then now we can just input the data that you know into the formula:
A = P(1+ rt)
= $222(1 + (0.12)(10))
= $222(2.2)
= $488.40
Your A is then equal to $488.40
If you need to get the simple interest all you need to use is the first formula given:
A = P + I
for the interest you transpose the P to the side of the A and you will get:
I = A - P
= $488.40 - $222
= $266.40
$266.40 is the added interest to the principal amount.