Answer:
B. $715
Step-by-step explanation:
By multiplying your starting value, in this case $550, and your (simple) interest, 6%, or by 1.06 as 0.06 being your interest value and the 1.00 accommodating your starting value you will multiply, $550 × 1.06 = $583. Repeat these steps for however many years you are account for, in this case, five years. Giving you a total of $715
Answer:
0
Step-by-step explanation:
According to the <em>Slope-Intercept</em><em> </em><em>Formula</em><em>,</em><em> </em>[y = mx + b], <em>m</em><em> </em>represents the <em>Rate of Change</em> [<em>Slope</em>]. Since we ONLY have the y-intercept of [0, 7], that makes the slope 0.
I am joyous to assist you anytime.