Answer:
£6655
Step-by-step explanation:
Given data
Principal= £5000
Rate= 10%
Time = 3 years
FInal Amount A=???
The expression for the compound interest is given as
A=P(1+r)^t
substitute
A=5000(1+0.1)^3
A=5000(1.1)^3
A=5000*1.331
A= £6655
Hence the final Amount is £6655
Slope = -6
Y-intercept = (0,11)
X Y
0 11
1 5
Is something missing
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Answer: y + 1 = 2 (x -1)
Step-by-step explanation:
Point slope form is:
y - y1 = m (x - x1)
Point on the line is (1, -1) and slope is 2
m = 2
y1 = -1
x1 = 1
y - (-1) = 2 (x - 1) or y + 1 = 2 (x -1)