Slope = y2 - y1/x2 - x1
slope = -2 - 2/-4 - -2
slope = -4/-2
slope = 2
Answer:
5/6 (please give branliest)
Step-by-step explanation:
5/6 * 1/3 = 5/18
5/18 / 2/3 = 5/12
5/12 / 1/2 = 5/6
The answer for this question is A
Answer:
$5659.11
Step-by-step explanation:
We are given;
- Time of loan maturity is 5 years
- Rate of compound interest is 7% compounded quarterly
- Principal amount of the car is $4000
We are required to determine the total amount he paid at the end of 5 years..
The concept being tested is compound interest;
We are going to use the compound interest formula;
Amount = P(1+r/100)^n
Where P is the the principal amount
r is the rate of interest
n is the interest periods
In this case;
n = (5 × 4) = 20
r = 7 ÷ 4 = 1.75 ( as the money was compounded quarterly)
Thus;
Amount =$ 4000 ( 1 + 1.75)^20
= $4000 (1.0175)^20
= $5659.11
Therefore, the money that Joe will have paid at the end of 5 years is $5659.11
Answer: $5000; $2000
Step-by-step explanation:
Simolw interest is calculated as: PRT/100
where,
P = principal
R = rate
T = time
Let the money in the 4-yr cd be represented by y.
Since rate = 5.2%
Simple interest = (y × 5.2 × 4)/100
Since he invested $3000 less in a 18-month CD, Let the money in the 18-month CD be represented by (y - $3000).
Then, S.I = [(y - $3000) × 3 × 1.5]/100
The total interest = $1130
We then equate the two simple interest together. This will be:
= (y × 5.2 × 4)/100 + (y - $3000) × 3 × 1.5]/100 = $1130
0.208y + 0.045(y - $3000) = $1130
0.208y + 0.045y - $135 = $1130
0.253y = $1130 + $135
0.253y = $1265
y = $1265/0.253
y = $5000
The money invested in 4-yr CD = $5000
The money invested in the 18-month CD = $5000 - $3000 = $2000