Answer:
y = ½x -3
Step-by-step explanation:
_____________________
Answer:
$5504
Step-by-step explanation:
Given that :
Principal amount = $500
Interest = 4% simple interest annually
Amount added at the end of each year :
First year:
Principal + (Principal * rate * time)
500 + (500 * 0.04) = 520
$520 + $250 = $770
2nd year:
770 + (770 * 0.04) = $800.80
$800.80 + $250 = 1050.80
3rd year:
1050.8 + (1050.8 * 4) = 5254
$5254 + 250 = $5504
Answer:
$34,300
Step-by-step explanation:
First, we need to find how much interest is earned in one month : 7,000 * 6.5% = 455
455 is how much you gain monthly, multiply that by 12 to find the annual interest so 455 * 12 = 5,460
You then multiply that number by 5 to find the interest of the span of the 5 years
5,460 * 5 = 27,300
You add the original number to the interest with 27,300 + 7,000 = 34,300 in the account
Answer:
15 rides because I had gotten this correct on my test
