Write an equation parallel to y=-3x-2 through the point (3, -5)
2 answers:
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Then the amount of money will he have in his account after 10 years will be $7,454.16. Then the correct option is B.
<h3>What is compound interest?</h3>Compound interest is the interest on a loan or deposit calculated based on the initial principal and the accumulated interest from the previous period.
Miguel deposits $5000 in an account earning 4% interest compounded monthly.
Then the amount of money will he have in his account after 10 years will be
We know the compound interest formula.
Where
A = amount
P = principal
r = rate of interest
t = time period (in year)
Then we have
More about the compound interest link is given below.
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Q is located at (0,6)
The translation rule is which says to add 7 to the x coordinate and subtract 5 from the y coordinate. Doing that to (0,6) moves it to (7,1) which is where point Q' is located.
In other words, if you shift point Q(0,6) seven units to the right and five units down, then it arrives at Q ' (7,1)
<h3>Answer: (7, 1)</h3>