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Temka [501]
3 years ago
9

If a person uses $700 in credit with an interest of 14%,what is that person going to owe after three billing cycles with simple

interest
Mathematics
1 answer:
Brums [2.3K]3 years ago
6 0
Simple interest:  i = p*r*t, where r is the annual interest rate and t is the number of years.
                                14%
This boils down to ----------- interest per month:  a monthly rate of 0.0117.
                                12 mo

Thus, after 3 months, the amount owed, including the original $700, would be $700 + 3($700)(0.0117) = $724.57.
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Step-by-step explanation:

The point (0, 2) tells us the y-intercept is 2.

If we translate the table down 2 units by subtracting 2 from every y-value, it becomes ...

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We notice these values are all related by a factor of 5 (they are proportional). That means the equation will be a straight line with slope 5 and y-intercept 2.

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2 years ago
Need help asap please! If f(x)=7x and g(x)=3x+1 find (f o g)(x) A.10x+1 B.21x+1 C.21x^2+7x D.21x+7
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Answer:

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I see you're in college math, so we'll solve this with calculus, since it's the easiest way anyway.

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