Answer:
12x + 50
Y - intercept = 50
Slope = 12
Step-by-step explanation:
The y - intercept represents the original registrational fee even if you have never taken lessons.
The slope represents what you have to pay every time you take a lesson.
Based in your question where as the oil is pumped continuously from the well at a rate proportional to the amount of the oil left in the well. so the answer of the following questions are:
A.1 is to 200,000
B.5 years
Your answer would be <u>2700</u>
Using I=P*r*t
P= 2500
R= 4% (substitue to 0.04)
T= 2 Years
I= 2500* 0.04 * 2
I= 100* 2
I= 200
2500+200=
2700
Answer:
Simple interest is calculated using initial principle while compound interest is calculated considering the interest also .
Step-by-step explanation:
Interest is the cost of borrowing money, where the borrower pays a fee to the lender for using his money. The interest, typically expressed as a percentage, can either be compounded or simple .
Simple interest is based on the principal amount , while compound interest is based on the principal amount and the interest that adds onto it in every period and the final principle is used for calculating the interest.
Simple interest is calculated on the principal amount of a loan and it's easier to find out than compound interest.
