Area of a circle when the radius is 5
2 answers:
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Answer:
$576.80
Step-by-step explanation:
We have been given that Mr. Juárez opened a savings account with an initial deposit of $560 and will not make any additional deposits or withdrawals. The account earns 1% simple interest.
We are asked to find the total amount that Mr. Juárez will have in his account at the end of 3 years.
We will use simple interest formula to solve our given problem.
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
t = Time in years.
Let us convert 1% into decimal form,
1%=1/100=0.01
P=$560 and t=3
A=$560 (1+0.01(3))
A=$560 (1+0.03)
A= $560 (1.03)
A= $576.80
Therefore, Mr. Juárez will have $576. 80 in his account at the end of 3 years. Hope this helps!
Answer: y=-13/12x-7
Step-by-step explanation:
To find the slope-intercept form, we first need to find the slope. To find the slope, you use the formula . We use the two given points to find the slope.
Now that we have our slope, we can start filling out the slope-intercept form equation.
y=mx+b
y=-13/12x+b
Since we don't know the y-intercept, we can use one of the given points and solve for b.
6=(-13/12)(-12)+b [multiply (-13/12) and -12]
6=13+b [subtract both sides by 13]
b=-7
With the y-intercept, we can complete our equation.
y=-13/12x-7