To get rid of the 3, you multiply the x/3 by 3 to get x by itself. But if you multiply one side you have to multiply the other. So x = 99
Answer:
I dont but want to.
Step-by-step explanation:
Answer:
Amount she would have in 2 years at a simple interest of is
$5000 + ($5000 x 0.048 x 2) = $5480
Amount she would have in 2 years at a 4.1 % / year compounded semi- annually is :
$5000 x ( 1 +0.041/2)^4 = $5422.78
the first option yields a higher value in two years when compared with the second option. Thus, the first option is the best one to choose
Step-by-step explanation:
Future value with simple interest = principal + interest
Interest = principal x interest rate x time
0.048 x 5000 x 2 = 480
future value = $480 + 5000 = $5480
The formula for calculating future value with compounding:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
5000 x ( 1 + 0.041 / 2)^(2 x 2) = $5422.78
Find the x and y intercepts or any other 2 points. (I advise you finding the y intercept though.)
then calculate for slope using:
y(2) - y(1)
________
x(2) - x(1)
The (2) and (1) are not exponents they are small numbers at the bottom of the numbers.
The slope is: 4
