If i was born in 2006 what year will i be 18
2 answers:
You might be interested in
Answer:
y = 2x - 3
Step-by-step explanation:
Step 1: Remember the equation
The slope intercept form is y = mx + b where m is the slope and b is the y-intercept
Step 2: Solve
We can see the y-intercept(where the line crosses the y axis) is at y = -3
We know slope is so we can see for every 1 square it moves right it moves 2 up so the slope would be
or 2
Plug what we know into the equation
y=2x-3
Step 3: Therefore Statement
Therefore the equation of the line shown below is y = 2x - 3
Answer:
see the explanation
Step-by-step explanation:
we know that
step 1
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
Applying property of exponents
step 2
The formula to calculate continuously compounded interest is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
e is the mathematical constant number
we have
substitute in the formula above
Applying property of exponents
step 3
Compare the final amount
therefore
Find the difference
----> Additional amount of money you would have in your pocket if you had used a continuously compounded account with the same interest rate and the same principal.