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
Well what you want is y = mx + b
m = slope
b = intercept for y
with that just substitute in the slope and the intercept, but leave the x and y as it is. So later on you can put in a x coordinate and get the y coordinate through that, hope this helps!
42,600 - 25,800 = 16800. That is the increase in 15 years.
You then calculate the increase as a percentage of the original population; 25,800.
16,800 / 25,800 * 100 = 65.11%
