Answer:
2.4
Step-by-step explanation:
The formula for compounded interest in this type of equation is:
where A is the amount at the end of the time period, P is the principal amount you start with, R is the interest rate, N is the amount of compound periods, and T is the time allotted for the money to gain interest.
P = 5000, R = 3% or 0.03, N = monthly so 12, T = 2 years
Plug in our given information into the equation:
Let the calculator do the work here...
A ≈ 5308.785 which rounds to A ≈ 5308.79
Option A is your answer.
Answer:
A line is increasing if it goes up from left to right. The slope is positive, i.e. m > 0 {\displaystyle m>0} .
A line is decreasing if it goes down from left to right. The slope is negative, i.e. m < 0 {\displaystyle m<0} .
If a line is horizontal the slope is zero. This is a constant function.
If a line is vertical the slope is undefined (see below).
Answer:
$80
Step-by-step explanation:
400÷50= 80 which is the weekly rate of wages
