Answer:
£1054.729
Step-by-step explanation:
To find compound interest you need to use the equation 1000(1.027)^x.
To find the interest rate (1.027):
100 + 2.7 = 102.7
102.7 / 100 = 1.027
The value of x is the amount of months if no payment is made in this situation, so 2 would be the x value for this problem.
Hope this helps!
Slope intercept form is y=mx+b where m is the slope and b is the y intercept. To graph, make sure the line collides with the y axis at the y intercept (-2) and that you move 3 units in the y direction for every 2 units in the x direction.
0.09
0.09 × 100 = 9
9/100
0.09 = 9/100
Answer:
-1
Step-by-step explanation:
Pick two points on the line
(0,2) and (2,0)
Using the slope formula
m = ( y2-y1)/(x2-x1)
= ( 0-2)/(2-0)
= -2/2
= -1
Answer:
Your answer is correct, you'll see why in the screenshot below :)