Answer:
Car loans, amortized monthly, and retailer installment loans, also calculated monthly, are examples of simple interest; as the loan balance dips with each monthly payment, so does the interest. Certificates of deposit (CDs) pay a specific amount in interest on a set date, representing simple interest
You have to go through your x-axis and up or down you y-axis and then determine if the end point are on the right plot form
Answer:
y = 4ⁿ
Step-by-step explanation:
where n is the round number and y the people receiving.