I don't know how to do this at all
1 answer:
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hello,
the first term is 250 so this is the initial invested amount
is to compute 8% annual interest compounded monthly (there are 12 months in a year)
and then multiply by 4 means that it is computed for 4 years so
finally the answer is
$250 is invested at 8% annual interest compounded monthly for 4 years
hope this helps
Answer:
y-intercept: (0,-3)
Step-by-step explanation:
- Y-intercepts mean that the x-value has to be equal to 0. When plugging in 0 for the x-value, we receive:
- Therefore, the point is (0,-3).