Answer:
its 5/21 or about .24
Step-by-step explanation:
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Total = Principal * e ^ (rate * years)
where "e" is the mathematical constant = 2.718281828459 ...
Total = $820.00 * 2.718281828459 ^ (.05 * 3)
Total = $820.00 *
<span>
<span>
<span>
1.1618342427
</span>
</span>
</span>
Total =
<span>
<span>
<span>
952.70</span></span></span>
Source:
http://www.1728.org/rate2.htm
The point-slope formula:
We have a slope m = 2 and point (-8, 2)
Substitute:
Step-by-step explanation:
1.4 × 104
i.e (0.7 × 2) × 104
= 1.4 × 104 ≈ 145.6