I think it is - 1/2
Or it could be 1/2 I am not that sure
Someone correct me if I am wrong
But I think it is - 1/2
-$50. Hope this helps man. -50
General equation: y = mx + c
where m is the slope.
So if there’s a negative sign on mx, it is a negative slope and vice versa.
Answer: 2years, 5 months
Step-by-step explanation:
Principal, P = $6000
Rate, R = 3%
Interest, I = $450
Time, T =?
Simple Interest, I = P x T x R/ 100
making T, subject of formula
T = 100 x I/ P x T
Substituting the values into the equation,
T = 100 x 450/ 6000 x 3
T = 45000/ 18000
T = 2.5years = 2years, 5 months