Assuming that the 4.8% interest rate is an annual interest rate, then, after one year, with a principal of $3,000 we would be able to win 4.8% of $3000:
Divide 144 over 12 to find the monthly earnings:
Therefore, with a principal of $3,000 we would be earning $12 interest in 1 month.
For the earnings on the first month to be equal to $10, then you would have to win $120 annually, and $120 must be 4.8% of the principal. To find which quantity satisfies that 4.8% of it is equal to $120, divide 120 over 4.8%:
Therefore, the principal must be equal to $2500 for you to win $10 on the first month, and it would indeed be correct to say that if you open an account with $3000 you will earn at least $10 interest in 1 month.
Answer:
w = 2, EF = 30 , FG = 42
Explanation:
We have EF = 5w + 20 and FG = 7w + 28
Since these points E, F and G are col-linear points we have.
EG = EF + FG
And given that EG = 72
So, EF+EG = 72
5w + 20 + 7w + 28 = 72
12w + 48 = 72
12 w = 24
w = 2
So EF = 5w + 20 = 5x2 + 20 = 30
FG = 7w + 28 = 7x2 + 28 = 42
Answer:
pay more
Step-by-step explanation:
Step-by-step explanation:
Im not sure if its supposed y = -2x + 1 or y = 2x + 1 but I'll solve the problem for both.
First for y = -2x + 1
Since the line has to be parallel to y = -2x + 1
the slopes would be the same.
so, so far the equation would be
y = -2x + b
now we substitute (5,2) into the equation
2 = -2(5) + b
2 = -10 + b (Add 10 to both sides of the equation)
+10 +10
12 = b
Now that we solved for b
The equation would be
y = -2x + 12
^^ This equation is parallel to y = -2x + 1
Now to solve for an equation parallel to y = 2x + 1
Both equations would have the same slope
So far we would have
y = 2x + b
Now we solve for be by substituting the point (5,2)
2 = 2(5) + b
2 = 10 + b (subtract 10 from both sides)
-10 -10
-8 = b
After solving for b
The equation is
y = 2x - 8
This equation is parallel to y = 2x + 1
