Answer:
$3530.3541
Step-by-step explanation:
Given that:
Principal = 2200
Interest rate compounded annually (r) = 3%
Time (t) = 16 years
Using the compound interest formula :
A = P(1 + r/n)^n*t
A = final amount
n = number of times interest is applied per period
A = 2200(1 + 0.03)^16
A = 2200(1.03)^16
A = 2200 * 1.60470643909878751793
A = $3530.3541
Hence, amount in account on his 16th birthday will be $3530. 3541
Answer:
It would be on the side 0-12 so the Y axis
Step-by-step explanation:
Put Vertical Axis (In)
Answer:
-7, then -13, then -19
Step-by-step explanation:
Plug in x values to get y.
y = -2(0) - 7
y = 0 - 7
y = -7
y = -2(3) - 7
y = -6 - 7
y = -13
y = -2(6) - 7
y = -12 - 7
y = -19
Hope this helps. :0)
