Answer:
Option B.
Step-by-step explanation:
It is given that
AYP = 3.9%=0.039
Principal amount = $3700
Time = 1 year.
We need to find the balance of the savings account after all the interest is paid for the year.
The formula for amount is
where, A is amount, P is principal, r is rate of return and t is time in years.
Substitute the given values.
Therefore, the correct option is B.
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
Algebra
it’s pi
your slope will be -1
if you do y-y and x-x you then divide those answers and you will end up with m=-1