$390 is the interest will Charlie’s initial investment earn over the 15-year period. The money does Charlie have after the 15 years is $715.
<u>Step-by-step explanation:</u>
Harlie invests $325 in an account.
- Principal, P = $325
- Interest rate, r = 8% ⇒ 0.08
- Number of years, t = 15
<u>The formula to find the interest will Charlie’s initial investment earn over the 15-year period :</u>
⇒
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⇒ 
⇒ 
Therefore, $390 is the interest will Charlie’s initial investment earn over the 15-year period.
<u>Money Charlie has after 15 years :</u>
It is given by the formula,
⇒ Amount = Principal + Interest.
⇒ 325 + 390
⇒ 715 dollars.
∴ The money does Charlie have after the 15 years is $715.
Answer:
4 dollars
Step-by-step explanation:
5 minus 1 equals 4
Answer:
a
Step-by-step explanation:
hope this helps :)
Answer:
50 is the old value and 23 is the new value. In this case we have a negative change (decrease) of -54 percent because the new value is smaller than the old value. Using this tool you can find the percent decrease for any value.
Answer:
y = - 3x + 4
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
Calculate m using the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (0, 4) and (x₂, y₂ ) = (2, - 2) ← 2 points on the line
m =
=
= - 3
Note the line crosses the y- axis at (0, 4) ⇒ c = 4
y = - 3x + 4 ← equation of line