I think it is Y equals -1/3x +4.6
The future amount of the current deposit given that the interest is simple and yearly is computed through the equation,
F = P x (1 + in)
where P is the principal amount, F is the future amount, i is the interest (in decimal form) and n is the number of years.
In this certain problem, we substitute the known values to the equation and solve for P,
2419.60 = P x (1 + (0.052)(1))
P = 2300
Thus, the initial investment was worth $2,300.
The answer would be A) less than 1,000 Dollars
Answer:
12546
Step-by-step explanation:
9.5% = 0.95 = 95
12,640 - 95 = 12546
The statement is true. X= all real numbers