Answer:
20x=2
Divide by 20
X=2/20
X=0.1
Step-by-step explanation:
Answer:
$1556.88
Step-by-step explanation:
<em>Since Stephanie is earning </em><u><em>simple interest</em></u><em> and not compound interest, we can multiply her interest rate for each month by how many months we are calculating for.</em>
0.035 x 5 = 0.175
<em>Then multiply that by her current balance but change the </em><em>0</em><em> in front of the </em><em>0.175</em><em> to a </em><em>1</em><em> to reduce the number of steps we have to take. (It automatically adds what is earned in interest to her current balance.)</em>
1.175 x 1325 = 1556.875
Answer:
The slope of the line that passes through these two points is 2/5
hope this helps ;)
Step-by-step explanation:
to find the slope (m) use the slope formula
m= y2-y1 / x2-x1
*plug in your points*
m= 4-2 / 3- -2 note here the <u>3- -2</u> changes to <u>3+2</u>
solve for m
m= 2/ 5
slope= 2/5
This is for one year with annual compound
<span>A = 65000(1 + .073/1)^1 </span>
<span>A = 69745 total </span>
<span>thus, the money made is $4745 interes</span>
