The simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
<h3>What is simple interest?</h3>
Simple interest refers to the interest calculated only on the principal.
With the simple interest method, the borrower only pays interest on the principal without considering the previously-accumulated interests.
<h3>Data and Calculations:</h3>
Principal = $4,700
Interest rate = 4%
Period = 10 months
Simple interest = $156.67 ($4,700 x 4% x 10/12)
Thus, the simple interest of $4,700 principal at 4% interest and 10 months is <u>$156.67</u> and its <u>maturity level</u> is <u>83%</u>.
Learn more about simple interests at brainly.com/question/
0.000149
Corrected to one decimal place is 0
Answer:
;5x+7......... according to the order
Answer:
slope is 2
Step-by-step explanation:
Find two points that can be used.
(0,4) (2,8)
Use the slope formula and plug in the numbers
=2