Answer:
C
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 8/100
r = 0.08 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 1,950.00(1 + 0.08/2)(2)(4)
A = 1,950.00(1 + 0.04)(8)
A = $2,668.71
To find the x-intercept, set y=0 and solve for x.
To find the y-intercept, set x=0 and solve for y.
7x+6y=21
x-int: y=0
7x+6(0)=21
7x=21
x=3
y-int: x=0
7(0)+6y=21
6y=21
y=21/6 or 7/2
