This question is about compound interest, but since the interest is such a small number you can use what you know about simple interest to eliminate some answers.
You can immediately eliminate choice A as a clunker, since it is less than the original amount in the account.
Consider what the amount of interest would be if you make the rate much larger than the original rate, say 10%, or 0.1:
$6,500 × 0.1 = $650
If this amount were added to the original amount each year for two years, the total would be:
$6,500 + $650 + $650 = $6,500 + $1,300 = $7,800
This is an over-estimate for the information given, and since choices C and D are even greater than this over-estimate, they can be eliminated. That means choice B is the correct answer.
Answer:
y = 8 · 10ˣ
Step-by-step explanation:
y = abˣ
When x = 0, y = 8.
8 = ab⁰
8 = a
When x = 3, y = 8000.
8000 = 8b³
1000 = b³
10 = b
The function is:
y = 8 · 10ˣ
Answer:
10.89
Step-by-step explanation:
Okay, so a general rule for finding perpendicular lines in the form of y = mx + b is y = (-1/m) + b.
First, let's ignore b (-7) because we're going to find that later.
A perpendicular line to y = 4x + b is y = -1/4x + b.
Alright, so now let's plug in the values. They are in the form of (x,y), so let's plug them in accordingly.
3 = -1/4(4) + b
3 = -1 + b
b = 4
y = -1/4x + 4
So a line perpendicular to y = 4x - 7 is y = -1/4x + 4.
