Answer:
A = $100(1.12)^2
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $100
t = 2years
n = 1
r = 12% = 0.12
Substituting the values, we have;
A = $100(1+0.12)^(2)
A = $100(1.12)^2
Answer:
2
Step-by-step explanation:
The equation for a line is:
y=mx+b
Where m is the slope, b is the y-intercept, and x and y are the x and y coordinates.
The equation given to us is:
y=2x+3
Therefore 2 is the slope
Answer:
-7
Step-by-step explanation:
Answer:
-4/3
Step-by-step explanation:
Dot goes down 4 (negative) and then 3 to the right (positive)
rise over run ---> -4/3!
