A deposit of $20,000 is placed in a scholarship fund that earns an annual interest rate of 2.25% compounded daily. Find the valu
e in dollars of the accountt after 5 years. Round answer to the nearest cent.
1 answer:
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The linear equation B. y = -x +7.5 best describes the given model. The mood rating for a student that spent 5.5 hours online would be 2.
Step-by-step explanation:
Step 1; We plot the points that fall on the line and that lie on an exact x or y coordinate. The following 4 points are plotted (0.5, 7), (2, 5.5), (2.5, 5) and (3.5, 4). We substitute the values of x in the given equations to see which best describes the model.
Step 2; When y = x + 7.5, we get the coordinates as (0.5, 8), (2, 9.5), (2.5, 10) and (3.5, 11).
When y = -x + 7.5, the coordinates are (0.5, 7), (2, 5.5), (2.5, 5) and (3.5, 4).
When y = + 7.5, the coordinates are (0.5, 7.25), (2, 6.5), (2.5, 6.25) and (3.5, 5.75).
So equation 2 has the closest values to the actaul graph.
Step 3; By substituting x = 5.5, y = -(5.5) + 7.5 = 7.5 - 5.5 = 2.