A) After any given year the amount of money would be: [(1000*.04)x]+1000
and x stands for the number of years.
B) The interest is 4%.
C) There would be $3,480.00 after 4 years.
Answer:
Step-by-step explanation:
I think it's 64
It is B because the equation for slope is x/y and when x=1 y=2 so it is 1/2
I think it's suppose to go
6% is .06 divided by 12 which is .005 times the number of months so in this case 9 so 5,000 times .005 times 9 which is 225 so 5,000 plus an interest of 225 adds up to 5,225