Answer:
first option
Step-by-step explanation:
Amount in compound interest = p(1 + r/t)^nt where p is the initial
deposit, r = rate, t = number of compunding in a period and n = period.
Here,
Amount after t years = 103(1.02)^t
i.e. 1 + r = 1.02
r = 1.02 - 1 = 0.02
Therefore, annual interest rate = 0.02 x 100 = 2%
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There is not a way to answer this because we don’t know what the graph you drew was.
Answer:
y = -5/3x - 3
Assuming this is a linear function
Step-by-step explanation:
1. Use (y2-y1)/(x2-x1) to find the slope of the equation, assuming it is a linear function.
(-3-2)/(0+3) = -5/3 <--- slope
2. The y-intercept is going to be the (0, -3) point, since the point is directly on the y-axis.
3. Put both of those values into the new equation
y = -5/3x - 3
