For this case we have that by definition, the equation of the line in the slope-intersection form is given by:
Where:
m: It is the slope of the line
b: It is the cut-off point with the y axis
We have the following points through which the line passes:
We find the slope of the line:
Thus, the equation of the line is of the form:
We substitute one of the points and find b:
Finally, the equation is:
Answer:
The total amount is $ 1015.82 and interest amount is $ 165.82
<em><u>Solution:</u></em>
<em><u>The formula for amount when interest is compounded annually is:</u></em>
Where,
"A" is the total amount
"P" is the principal
"r" is the rate of interest in decimal form
"n" is the number of years
<em><u>From given, $850 at 2% for 9 years, compounded annually</u></em>
P = 850
t = 9 years
<em><u>Substituting the given values we get,</u></em>
Thus total amount is $ 1015.82
Interest amount = Total amount - principal
Interest amount = 1015.82 - 850
Interest amount = 165.82
Thus total amount earned is $ 1015.82 and interest amount is $ 165.82
Answer:
Step-by-step explanation:
The given statement is "I think of a number, add seven then divide by five".
Let the unknown number be x.
Now, add 7 to the number = x+7
If we divided them by 5, .
So, the required algebraic notation is .