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3 years ago

Can someone please help me asappp I’ll mark brainlist !!!

Mathematics

1 answer:

DanielleElmas [232]3 years ago

5 0

Answer:

D. y = 76x

Step-by-step explanation:

First you find the gradient, by using the gradient formula

rise over run

380 - 228

---------------- <- division sign

5 - 3

152/2 = 76

Hence y = 76x + c

Find c by subbing points in. I am going to use this as an example (5, 380)

380 = 76(5) + c

380 -380 = c

c = 0

Hence, y = 76x

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Please show your work.

levacccp [35]

The amount of money you have is $ 20864.521

<h3>Solution:</h3>

Given that you invested $15,000 dollars for 11 years at 3% annual interest compounded continuously.

To find: total amount of money

The compound interest formula for compounded continously is given as:

$A = p e^{rt}$

Where "p" is the principal

"r" is the rate of interest

"t" is the number of years

Here in this problem, p = 15000

t = 11 years

$r = 3 \% = \frac{3}{100} = 0.03$

Substituting the values in formula we get,

$A = 15000e^{0.03 \times 11}\\\\A = 15000e^{0.33}\\\\A = 15000 \times 1.390968\\\\A = 20864.521$

Thus the amount of money you have is $ 20864.521

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