Which proportion can be used to show that the slope of JL is equal to the slope of MP
1 answer:
Answer:
See below and attached
Step-by-step explanation:
<u>As per the graph we have:</u>
- Coordinates of JL are J(-7, 4), L(-4, 0)
- Coordinates of MP are M(-10, 8), P(-1, -4)
<u>Slope formula is:</u>
- m = (y₂ - y₁)/(x₂ - x₁)
<u>Slope of JL:</u>
- (0 - 4)/(-4-(-7)) = - 4 / 3
<u>Slope of MP:</u>
- (-4 -8)/(-1- (-10)) = -12 / 9 = - 4/3
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Answer:
We conclude that the total amount accrued, principal plus interest, from compound interest on an original principal of $2500 at a rate of 5% per year compounded 6 times per year over 8 years is $3723.38.
Step-by-step explanation:
Given
Principle P = $2500
Interest rate r = 5% = 0.05
Time period t = 8 years
To determine
Accrue Amount A = ?
Using the compound interest equation
where:
A represents the Accrue Amount
P represents the Principal Amount
r represents the interest rate
t represents the time period in years
n represents the number of compounding periods per unit t
Important tip:
- Given that the interest is compounded 6 times each year, therefore, the value of n = 6.
now substituting P = 2500, r = 0.05, t = 8 and n = 6 in the equation
∵
$
Therefore, we conclude that the total amount accrued, principal plus interest, from compound interest on an original principal of $2500 at a rate of 5% per year compounded 6 times per year over 8 years is $3723.38.