Answer:
$3800
Step-by-step explanation:
When simple interest is added to the principal amount, the sum increases linearly with time. Essentially, you are asked for the y-intercept of a line that goes through the points (2, 6200) and (3, 7400). You can use the 2-point form of the equation of a line to find it:
y = (y2 -y1)/(x2 -x1)(x -x1) +y1
y = (7400 -6200)/(3 -2)(x -2) +6200 . . . . fill in given points
y = 1200(x -2) +6200 . . . . . . . . . simplify some
y = 1200x -2400 +6200 . . . . . . simplify more
y = 1200x +3800 . . . . . . . . . . . . . completely simplify
When the number of years (x) is zero, the amount is 3800. The principal is $3800.
_____
The account is earning $1200 per year on a principal of $3800. The interest rate is about 31.6%, an unusually high value.
_____
<em>Alternate solution</em>
You can recognize that the interest earned in one year is 7400 -6200 = 1200. Since this is simple interest, the amount of interest earned each year is the same, so in 3 years, the account has earned 3×$1200 = $3600 in interest. Then the original principal amount must be ...
$7400 -3600 = $3800 . . . . . principal amount
Answer:
<h2>It's an identity</h2>
Step-by-step explanation:
5y = -3x + 7
y = -3/5x + 7/5
Parallel = same slope
y = -3/5x + b
3 = -3/5 + b, b = 18/5
Standard form: Ax + By = C
y = -3/5x + 18/5
-3/5x - y = -18/5
Multiply by -5
Solution: 3x + 5y = 18
Answer:
the answer you will get is 61.5
Step-by-step explanation:
First you calcuate the number of days in the learning process there will be which there will be 49 days since 7 days x 7 weeks = 49 days. Then, you divide 3,016 and 49 to get 61.5510204 and then you round that up to get 61.5 or is you want a whole number with no decimals 62
Your answer is 15, if you need help to figure out how I did that let me know.
