4:n=6:9 how do you get it?
1 answer:
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Answer:
$3628.24
Step-by-step explanation:
we use the formula for accrued value (A) with compounded interest:
where A= accrued value (principal plus the accumulated interest)
P = principal -> in our case $6000
r = annual interest rate (in decimal form) -> in our case 0.06
n = number of compoundings per year. In our case 2 (semiannually)
t = time in years -> in our case 8
Since this is the value of principal plus accumulated interest, we subtract from it the principal ($6000) to get the value of just the interest:
$9628.24 - $6000 = $3628.24
Answer:
The equation of the line is
Step-by-step explanation:
Looks like you've already found the y-intercept and slope of this graph. Great! That's all the info we need to create an equation.
The equation of a line is always in form, where k is the constant of proportionality (aka the slope) and b is the constant added (aka the y-intercept).
We know the slope is 3 and the y-intercept is 3, so we can put these values into the equation.
Hope this helped!