Answer:
$7995.85
Step-by-step explanation:
We will use simple interest formula to solve our given problem.
, where,
A = Amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
Therefore, Judy will will pay back on January 20: <u>$7995.85</u>.
Answer:
point - slope form
y - 1 = 3 (x-0)
Step-by-step explanation:
<u><em>step(i):-</em></u>
Given points are (0,1) and (2,7)
The slope of the line
m =3
<u><em>Step(ii):-</em></u>
point -slope form
y - y₁ = m(x-x₁)
Equation of the straight line passing through the point (0,1) and having slope 'm' = 3
y - 1 = 3 (x-0)
y -1 = 3x
3x - y +1=0
Equation of the straight line passing through the point (0,1) and having slope 'm' = 3 is 3x -y +1=0