Answer:
$57,369
Step-by-step explanation:
We have been given that an amount of $53,000 is placed in an investment account that grows at a fixed rate of 2% (compound growth) per year. We are asked to find the amount in the account after 4 years.
To solve our given problem we will use compound interest formula.\
, where,
A = Final amount after t years,
P = Principal amount,
r = Annual interest rate in decimal form,
n = Number of times interest is compounded per year,
t = Time in years.
Let us convert our given rate in decimal form.

Upon substituting our given values in compound interest formula we will get,





Therefore, an amount of $57,369 will be in the account after 4 years.
(0,-9) is the y intercept
Answer:
b=5d+5f
solve for b by simplifying both sides and then isolating the variable.
Answer:
C. 5/2
Step-by-step explanation:
Two points that the graph passes through are (-5, -4) and (-3, 1). This tells us that the graph goes up 5 units at the same rate that it goes right 2 units. Since the slope of a graph is simply the movement of the y values over the movement of the x values, the slope of this graph is 5/2, which is option C.