At 1600 principal earns 7% interest compound semiannually twice per year after 33 years what is the balance in the account
1 answer:
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Answer:
Step-by-step explanation:
So the point-slope formula looks like this:
= any y point on the line
= any x point on the line
= the slope
And hey, look, we're already given all that information!
So we can just plug those values into the equation:
(*note: It's a +3.2 because 3.2 was negative in the first place, and -(-x) = +x)