Answer:
18 years
Step-by-step explanation:
The formula for computing accrued amount A for a principal of P at an interest rate of r(in decimal) compounded n times in a year for t years is given by

Note that r is percentage converted to decimal. So 3% = 3/100 = 0.03
We can rearrange the above equation to:

Taking logs on both sides

This gives

In this particular problem, n = 4, , A= 9600, P = 5600, r =0.03, so r/n = 0.03/4 = 0.0075
1 + r/n = 1+0.0075 = 1.0075
4t = log(9600/5600)/log(1.0075) = log(1.714) / log(1.0075) = 0.234 /0.00325 = 72
t = 72/4 = 18 years
Should be 7.5% I have to add more words to this sentence to post it
Slope intercepf is y=mx+b wherem=slope and b= y intercept
slope is found by doing
(y1-y2)/(x1-x2)
points are (6,-1) and (-3,2)
(x,y)
x1=6
y1=-1
x2=-3
y2=2
subsitute
(-1-2)/(6-(-2))=-3/(6+2)=-3/8
slope=-3/8
subsitute
y=-3/8x+b
subsitute and solve for b
(-3,2)
x=-3
y=2
2=-3/8(-3)+b
2=9/8+b
2=16/8
subtract 9/8 from both sides
16/8-9/8=b
7/8=b
y=-3/9x+7/8 is the equation
Answer:
$2.50
Step-by-step explanation:
Shelley buys one pack of gum for $1
Price of gum: $1
Total amount of money spent: $1.00
Shelley buys another pack of gum for $0.50 more
1 + 0.50 = 1.5
Price of gum: $1.50
Total amount of money spent: $2.50
Step-by-step explanation: