Answer:
Y=-1/2x+4
Step-by-step explanation:
-The slope is -1/2 so you just plug it in where the slope would go with an x in front
-all you need now is your y-intercept which can be found by plugging in the provided info to your basic form y=mx+b
-You can take the provided point at (10,-1) and work out what the intercepts is
-1=-1/2(10)-b
-1=-5-b
4=b
The interest rates required to get a total amount of $2,420 from compound interest on a principal of $2,000 compounded 1 times per year over 2 years is 10% per year.
<h3>What is compound interest?</h3>
The interest on savings that is calculated on both the initial principal and the interest accrued over time is known as compound interest.
The concept of compound interest, also known as "interest on interest," is thought to have first appeared in Italy in the 17th century. It will accelerate the growth of a sum more quickly than simple interest, which is calculated only on the principal sum.
Money is multiplied more quickly through compounding, and the more times it is compounded, the higher the compound interest will be.
Using the formula A = P(1 + r/n)^nt
Solving for rate r as a decimal
r = n[(A/P)^(1/nt) - 1]
r = 1 × [(2,420/2,000)^{1/(1)(2)} - 1]
r = 0.1
Then convert r to R as a percentage
R = r × 100
R = 0.1 × 100
R = 10%/year
Learn more about compound interest
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1.92/4 then you take that which is .48 and do .48/16 to get .03
You need to find out how much it costs to wash one car, so:
3×=13.50
Divide both sides by 3.
x=4.5 per car.
Now multiply 4.5 by 25 which should give you $112.50
